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.
Property Type
Multi-FamilySubdivision
Prospect ParkCounty
DELAWAREStyle
TraditionalAD ID
49126341
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Interior Features
- Basement Description: Full,Partially Finished,Walkout Level
Heating & Cooling
- Cooling: None
- Heating: Forced Air
- Cooling Fuel: None
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Year Built: 1950
- Structure: Detached
- New Construction: No
- Total Units: 3
- Built: 1950
- Construction Material: Brick
- Foundation/Basement: Concrete Perimeter
- Architecture: Traditional
- Pool/Private: No Pool
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Natural Gas
-
Property / Lot Details
Lot Information
- Lot Size: 4,792
- Dimensions: 50.00 x 100.00
- Lot Size (Acres): 0.11
- Architectural Style: Traditional
- Main Square Feet: 4,792
Property Information
- SQ ft: 2,715
- SQ ft (Living Area): 2,715
- Total Lot SQ ft: 4,792
- Subdivision: PROSPECT PARK
- Appx. Lot Dimensions: 50.00 x 100.00
- Total Acreage: 0.11
- New Construction: No
- Type: Traditional
-
Listing Information
Listing Information
- Possession: Immediate,Settlement
- Days Of Market: 2
-
Taxes / Assessments
Tax Information
- Annual Tax: $6,961
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Immediate,Settlement
Assessment Information
- Taxes Assessment Amount: $197,280
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Homeowners Association Information
- Direction: Take I-95 to Wanamaker Ave, Take Wanamaker Ave towards PA Route 420, Continue to Stay on Lincoln Ave, Home will be on the Right.
-
School, Utilities & Location Details
School Information
- Elementary School: PROSPECT PARK SCHOOL
- Middle OR Junior School: PROSPECT PARK SCHOOL
- High School: INTERBORO SENIOR
- School District: INTERBORO
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: None
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
Location Information
- Direction: Take I-95 to Wanamaker Ave, Take Wanamaker Ave towards PA Route 420, Continue to Stay on Lincoln Ave, Home will be on the Right.
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BuyOwner last updated this listing 04/01/2025 @ 06:19
- MLS: PADE2085724
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 1,954 sqft, 4,792 sized lot, and 0 parking. A comparable Other, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of PROSPECT PARK , in zip code 19076, this DELAWARE County Other , it is in the PROSPECT PARK Subdivision, are nearby neighborhoods.