417 Lincoln Avenue

PROSPECT PARK, PA 19076

  • 0 Bed(s)
  • 0 Bath(s)
  • 1,954 Sqft
  • 4792
    Sqft(Lot)
$405,000

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-Family

  • Subdivision

    Prospect Park

  • County

    DELAWARE

  • Style

    Traditional

  • AD ID

    49126341

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Property Details

  • 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

  • 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

  • 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

    • Possession: Immediate,Settlement
    • Days Of Market: 18

  • 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 Information

    • Parking Type: Parking Lot

    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 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 04/22/2025 @ 05:12

  • MLS: PADE2085724
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is recently sold, it has 1,954 sqft, 4,792 sized lot, and 0 parking. are nearby neighborhoods.