USAPAProspect ParkProspect Park417 Lincoln Ave
417 Lincoln Ave, Home with 0 bedrooms, 0 bathrooms and null parking in PROSPECT PARK PA | Image 1
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$405,000

417 Lincoln Ave, Prospect Park, PA

Real Estate

Sold

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$405,000
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  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 2715 sqft
Garage No
Taxes $6,961
Lot Size 
Approx. Age 1950
Avg. Price Per Sqft $149
MLS® Number PADE2085724

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This fully rented triplex at 417-419 Lincoln Ave in Prospect Park presents a prime value-add opportunity for investors seeking to maximize returns in a highly desirable location. Featuring three rental units—two spacious 2-bedroom, 1-bath apartments and a cozy 1-bedroom, 1-bath basement unit—for a total of $3, 395 rental income. This property offers steady rental income potential and convenience with parking, efficient gas heating, and a prime location near schools and public transportation, it’s an ideal choice for tenants and investors alike. Recent upgrades have been made to enhance the property’s value, including a full rehab of the basement unit in October 2024 for $10, 000, the replacement of three water heaters in 2023 for $6, 500, and a fresh coat of paint in Unit 2 in July 2024 for $3, 000. Additionally, the building is situated in a highly accessible neighborhood, with Park Square just a short distance away. Whether you’re looking to expand your real estate portfolio or generate reliable passive income, this triplex is an excellent investment opportunity.Show Description
MLS® NumberPADE2085724
Laundry Level
Central VacNo
FireplaceNo
Acreage0.11
Exterior
GarageNo
Approx. Age1950
BasementFull, Partially Finished, Walkout Level
DrivewayParking Lot
Garage Spaces
HeatForced Air, Natural Gas
A/CNone
Heating Fuel

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