Patterson-Schwartz Real Estate417-419 Lincoln Avenue, Prospect Park, PA 19076-1611 $405,000
Interior Sq. Ft: 2,715
Acreage: 0.11
Age:75 years
Taxes: $6,961
Subdivision: Prospect Park
Design/Type:
Detached
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.
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Elem. School: Prospect Park School Mid. School: Prospect Park School High School: Interboro Senior
Features
Utilities
Forced Air Heating, Natural Gas, None, None, Hot Water - Natural Gas, Public Water, Public Sewer
Garage/Parking
Parking Lot
Interior
Full Basement, Partially Finished Basement, Walkout Level Basement
Exterior
Concrete Perimeter Foundation, Brick Exterior
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-893-2219
Listing Courtesy of: Redfin Corporation , (215) 631-3154, peter.phinney@redfin.com
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Listing data as of 4/01/2025.
