417 Lincoln Avenue
Prospect Park, PA 19076
- – beds
- – baths
- 2,715 sqft
- 4,792 sqft lot
- $149 per sqft
- 1950 build
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.
Last checked:
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Last updated Mar 28, 2025
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MLS# PADE2085724 —
The Building
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Year Built:1950
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Brick
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Building Units Total:3
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Structure Type:Detached
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Architectural Style:Traditional
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Accessibility Features:None
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Foundation Details:Concrete Perimeter
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Basement:Yes
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Basement Type:Full, Partially Finished, Walkout Level
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Total SqFt Source:Estimated
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Total Below Grade SqFt:943
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Total Below Grade SqFt Source:Estimated
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Tax Total Finished SqFt:1954
Interior
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:2715
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Living Area SqFt:2,715 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Immediate, Settlement
Location
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Directions: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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Cross Street:5th Ave
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Latitude:39.88133000
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Longitude:-75.30473000
The Property
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Property Type:Multi-Family
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Property Subtype:Triplex
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Lot Size Units:Square Feet
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Lot Size Acres:0.11
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Lot Size Source:Assessor
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Lot Size Dimensions:50.00 x 100.00
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Lot Dimensions Source:Assessor
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Lot SqFt:4,792 Sqft
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Zoning:RESIDENTIAL
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:R-30
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (610) 680-6200
- Office phone:
- (484) 962-0034
Taxes
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Tax ID Number:33-00-00986-00
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Tax Year:2024
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Tax Lot:505-000
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Tax Annual Amount:$6,961
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Tax Assessed Value:$197,280
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Year Assessed:2025
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School Tax:5098.0
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County Tax:764.00
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City/Town Tax:1098.00
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Total Taxes Payment Frequency:Annually
The Listing
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Schools
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Elementary School:Prospect Park School
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Middle School:Prospect Park School
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High School:INTERBORO SENIOR
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School District Name:Interboro
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School District Source:Listing Agent
The Community
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Subdivision Name:Prospect Park
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:Parking Lot
Extra Units
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Other Units:Unit 1,Unit 2,Unit 3
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Vacation Rental:No
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Units Furnished:None
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One Bedroom Units:1
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Two Bedroom Units:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/28/25
Mar 28, 2025
|
Listed / Active | BRIGHT | $405,000 |