Multi-family report

2255 N Park Ave

6 bd · 2 ba · 3 stories · 2,934 sqft · RM1 · built 1915

Investor / LLC · assessed $340K (2026) · 2027 OPA assessment $282K · 2 licensed units · sold 5×. On the 2200 block of N Park Ave.

Street view of 2255 N Park Ave
From the street — imagery © Google
From above — imagery © Esri, Maxar
BlockReport AI · cited public records

Ask what this property record means.

Open the research chat with this property already in context. Curated questions are free.

Opens the research chat · 3 custom questions per browser

Property summary

“Open” reflects records available then historical records keep their source dates estimates are labeled

Question or correct this record

BlockReport can explain a discrepancy, but it cannot rewrite an official City record. Use the agency that owns the underlying fact:

The estimate, live balance, and back-tax record are different.

BlockReport can calculate the annual tax from the City’s taxable assessment. Payments, credits, interest, and a current amount due live separately in Philadelphia Tax Center.

Estimated annual Real Estate Tax$4,757/year

2026 taxable assessment $339,800 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $282,000; it is not the 2026 billed-year value.

Official current account balanceCheck live

A Tax Center balance is net of bills, payments, credits, interest, and adjustments. A credit—or an amount due—is not automatically “back taxes.”

OPA 371282800
Open Philadelphia Tax Center →Choose “View period balance” to see the tax year and any credit, interest, or delinquency.
Exemption classificationNo exemption shown

2026 taxable assessment equals the full assessed value.

Historical delinquency sources No current conclusion

This parcel did not match the June 2022 delinquency snapshot. That absence does not confirm the account is current today.

For a purchase, refinance, or closing, request the City’s official Property Payoff statement in Tax Center under “More options.”

What stands out

From the public record
Finding

New construction

Why it matters

Bought for $218K in 2009, built new under a 2014 permit, sold for $190K in 2019.

View supporting records →

What to do with this

The record, translated into moves — what a buyer, the owner, and a landlord would each want to check next under Philadelphia's actual rules.

If you’re buying

Built 1915: lead rules apply

Federal law requires a lead-paint disclosure at sale for any pre-1978 home. If it will be rented, Philadelphia also requires a lead-safe or lead-free certificate before a rental license can issue.

If you’re the landlord

Lead certificate is not optional

Built 1915: every rental unit needs a lead-safe or lead-free certificate on file with the City. Without one: fines up to $2,000/day per unit, tenants may withhold rent, courts can order rent refunded — and no eviction will stand.

Licensed rental — keep it that way

Renewal requires city tax clearance and zero open L&I violations on the property. A lapsed license suspends the right to collect rent or evict.

Derived from the fetched property records and linked City guidance as of 2026. Assessment treatment is not a substitute for an exemption approval, live balance, title report, license, occupancy certificate, or inspection. Informational only — not legal, tax, or investment advice.

Who's behind it

2255 N Park Ave LLC · corporate / LLC owner

• Tax bills mail to 1824 Thornbury Dr, Ambler PA, 19002 — outside Philadelphia
• Holds an active rental license for this address

The investment read

How this building has moved and where it's pointed: every fetched annual City assessment, charted against its block and ZIP; appreciation includes the full-period compound rate and the latest year-over-year change. The 5-year figure simply extends that historical pace. Yield estimates rent-vs-price from area rents. Ask the record to dig into any number.

Assessed value
$339,800
2026 billed-year assessment · 2027: $282,000 · built 1915
Price / sq ft
$96
block $115 · below block
Appreciation
+199%
+10%/yr since 2016 · 2027 -17% vs 2026
In 5 years (~2032)
~$464K
+10%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$4,757
1.69% effective
Jun 2022 tax snapshot
No match
not proof the account is current
Gross yield
5.4%
≈$1K/mo rent
Times sold
5
licensed rental

Assessment vs. the block and ZIP · every dated City record marked on the line

$0$250K$500KZIP 19132 median$282K2006201020142018202220262027
Property assessmentBlock median & rangeZIP 19132 medianAssessmentDeed / saleL&I violationPermitInspectionLicense

Each icon sits on its recorded date; records without a day are labeled and centered within their year. Select one to explain the filing.

Highlight
Every dated record15 events · exact dates, newest first
  1. LicenseRental
  2. PermitAlterations
  3. PermitNew Construction
  4. PermitAddition and/or Alteration
  5. PermitZoning/use
  6. Deed / saleDeed / sale $190K
  7. LicenseRental
  8. PermitUse
  9. LicenseRental
  10. Deed / saleDeed / sale $215K
  11. InspectionHCEU INSP (Housing Code Enforcement Unit inspection)
  12. L&I violationVACANT PROP STANDARD (likely: vacant-property enforcement standard)
  13. Deed / saleDeed / sale $218K
  14. InspectionHCEU INSP (Housing Code Enforcement Unit inspection)
  15. InspectionHCEU INSP (Housing Code Enforcement Unit inspection)

The paper trail

Bought for $218K in 2009, built new under a 2014 permit, sold for $190K in 2019.

  1. 2008 L&I: 3 failed, 1 passedL&I visit
  2. 2009 $218KSoldL&I violationL&IL&I: 1 failed, 1 passedL&I visit
  3. 2014 UsePermit$215KSold
  4. 2019 $190KSoldZoning/usePermitAddition and/or AlterationPermitNew ConstructionPermitNew ConstructionPermitAlterationsPermit

Browse the source ledger

The chart above is the primary timeline. This drawer preserves every underlying dated row and its filed status for source-level review.

Open the City record ↗
Browse 17 dated records deeds, permits, inspections, licenses, violations, certifications & appeals
  1. LicenseRental

    License 880931 · Active

    2255 N Park Ave LLC (2255 N Park Ave LLC) · Expires 2026-11-03

  2. PermitAlterations

    Permit 1031035 · Completed

    install 6 toilets, 6 showers, 6 lavatory sinks, 2 washing machines, 2 kitchen sinks and 2 dishwashers and 2 water heaters.

  3. PermitNew Construction

    Permit 1029878 · Completed

    EZ PERMIT DUCTWORK & WARM-AIR APPLIANCES- For the installation if New Ductwork, Registers/Grilles/Diffusers, and Warm-Air Appliances as per attached standards. Deviations from these standards require submission of construction and site plans. INSTALL TWO XX,000 BTU XX% GAS FURNACES AND TWO (2) 2-TON 13 SEER A/C UNITS AND RELATED DUCTWORK NO PENETRATIONS OF RELATED ASSEMBLIES WITH CONDENSER(S) MOUNTED ON A PAD IN THE REAR/SIDE YARD.

  4. PermitNew Construction

    Permit 1029130 · Completed

    200AMP SERVICE COMPLETE WITH GROUNDING AND REWIRE SWITCHES, OUTLETS, LIGHT FIXTURES & SMOKE DETECTORS AS PER NEC 2014 NORTH CENTRAL

  5. PermitAddition and/or Alteration

    Permit 1013393 · Completed

    INTERIOR ALTERATIONS TO AN EXISTING TWO FAMILY UNITS AND FOR THE CONSTRUCTION OF THE 3RD FLOOR REAR ADDITION AS PART OF EXISTING TWO FAMILY UNITS AS PER PLAN.

  6. PermitZoning/use

    Permit 988696 · COMPLETED

    FOR THE ERECTION OF A REAR ADDITION TO AN EXISTING ATTACHED STRUCTURE. SIZE AND LOCATION AS SHOWN ON APPLICATION/PLAN. FOR USE AS A TWO FAMILY HOUSEHOLD LIVING.

  7. Recorded transfer$190K transfer

    2019

  8. LicenseRental

    License 665821 · Inactive

    IBRAHIM ALQAISI · Expires 2019-05-31 · Inactive 2019-07-30

  9. PermitUse

    Permit 522257 · COMPLETED

    USE TO 2 APTS

  10. LicenseRental

    License 620246 · Inactive

    HARRISON FINBERG · Expires 2015-02-28 · Inactive 2015-04-29

  11. Recorded transfer$215K transfer

    2014

  12. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 183787 · PASSED

    A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. The cited inspection visit was marked passed.

  13. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 183787 · FAILED

    A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  14. ViolationVACANT PROP STANDARD (likely: vacant-property enforcement standard)

    Case 183787 · Violation 1216694 · COMPLIED

    A legacy L&I label associated with vacant-property requirements. It may concern licensing, securing, or maintaining a vacant structure; the notice and cited code control, and this row alone does not prove the property is vacant now. City marked this violation complied with; check the resolution date and live case for what was accepted.

  15. Recorded transfer$218K transfer

    2009

  16. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 80371 · PASSED

    A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. The cited inspection visit was marked passed.

  17. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 80371 · FAILED

    A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

What this record suggests

The City file documents 6 permits touching kitchen work, electrical work, plumbing. 6 carries a completed, issued, or approved status; that documents the filing, not the present quality of the work.

Flags: active rental license. Informational only — not investment advice or a consumer report (FCRA).

The property, on paper

The city assessor's field record — the physical spec sheet behind the assessed number.

Bedrooms
6
Bathrooms
2
Stories
3
Interior
2,934 sqft
livable area
Lot
1,472 sqft
Basement
Full, unfinished
city code C
Heat
Hot water / radiators
city code B
Central air
Yes
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
C+
assessor's grade
Zoning
RM1
city zoning code

OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.

Run the numbers

What owning 2255 N Park Ave takes, at your price and your rate. Taxes start with an annual estimate from the City’s taxable assessment, not a current bill or balance; rent starts at 2 licensed units × ~85% of the area's median unit rent — the whole building's income, not one unit's. Assessed value is not an asking price — set the price slider to the real one.

$282K
20%
6.875%
$2K/mo

When this house last sold (2019) a 30-year mortgage ran about 3.94% — Freddie Mac's average that year.

Mortgage
P&I · 30-yr fixed
All-in monthly
+ taxes & insurance
Cash to close
down + ~4% costs
Cash flow
rent − all costs · /mo
Cap rate
NOI ÷ price
Cash-on-cash
year-1 return on cash in

Estimates for orientation, not advice. Assumes a 30-year fixed loan, $1,400/yr insurance, 1% of price/yr maintenance; taxes use this parcel's taxable assessment, not a live Tax Center balance.

Block context

2255 N Park Ave sits on the 2200 block of N Park Ave. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 2253 N Park Ave  ·  2257 N Park Ave

Where this comes from

Methodology & freshness

This report was assembled Jul 10, 2026, 5:42 AM ET. Available City datasets are queried from OpenDataPhilly (phl.carto.com) and the cited City ArcGIS feeds; record queries paginate rather than silently taking a first page. For this property: Permits: queried · Violations: queried · Investigations: queried · Appeals: queried · Licenses: queried · Building certifications: queried. “Unavailable” means the source query failed or was not supplied, not “no record.” Reports re-pull on view after seven days and on an overnight rolling schedule; citywide benchmarks recompute weekly. Source dates still govern: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. The live balance and date-effective payoff must be verified in Tax Center. AI-written passages are grounded in the assembled record and rejected if they state a number the record does not hold.

Official city record ↗  ·  L&I history ↗  ·  See the whole block  ·  Download this record (JSON)