1. Pennsylvania
2. Prospect Park
3. 417 LINCOLN AVENUE

417 LINCOLN AVENUE, Prospect Park, PA 19076

• 2,715 sqft

Property 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.

Listing Status:

Pending

Listing Office:

Redfin Corporation : 4849620034

Listing Agent:

Andrew G Black : 6106806200

MLS ID:

PADE2085724

Interior

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This listing courtesy of Andrew G Black, Redfin Corporation