#PADE2067330, Tam (Tammi) D'Angelo, Listing Office: BHHS Fox & Roach-Center City Walnut
417 Lincoln Ave Prospect Park, PA 19076
Property details
About 417 Lincoln Ave
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.
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Summary
- MLS Number: PADE2085724
- MLS Name: BRIGHT
- Office Name: Redfin Corporation
- Office Phone: (215) 631-3154
- Office Email: peter.phinney@redfin.com
- Listing Agent: Andrew G Black
- Agent Phone: (610) 680-6200
- Agent Email: andrew.black@redfin.com
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Last updated on: 4/12/2025, 5:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$405,000
417 Lincoln Ave
$4,809
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
4
Leedom Elementary School
Public District KG-5
0.5 mi
•620 E Chester Pike
4
Lakeview Elementary School
Public District KG-5
1.3 mi
•333 Constitution Ave
5
Amosland Elementary School
Public District KG-5
1.5 mi
•549 Amosland Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $65,500. Most Prospect Park, PA residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.
Similar homes for sale
This home is located at 417 Lincoln Ave in Prospect Park, PA and zip code 19076. This 2,715 square foot home, which was built in 1950, sits on a 0.11 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 28, 2025 and is currently priced at $405,000.
In March 2025, from all listings sold in Prospect Park, PA there were more than 2 sold above asking price, over 0 sold below and more than 0 were sold right at the asked price. In March 2025 in Prospect Park, PA there were 22.2% less homes for sale than in February. In March 2025 median list price was $315,000 and the average listing age was 36 days.