Multi-family report

232 S 60th St

3 stories · 2,610 sqft · CMX3 · built 1915

Investor / LLC · assessed $201K · 3 licensed units · sold 3×. On the 200 block of S 60th St.

Property summary

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

BlockReport AI · cited public records

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Street view of 232 S 60th St
From the street — imagery © Google
From above — imagery © Esri, Maxar

What stands out

From the public record
Finding

Improved

Why it matters

Bought for $20K in 2003. Owner pulled a certificate of occupancy (co) (may inclu… permit in 2020.

View supporting records →

Records to verify together

Rule-based groupings across this property's dated public records. Each flag shows the records that belong in the same verification step and where the inference stops.

Dated record flagAssessment/permit mismatch

The assessment jumped 90% in 2027, but no matching permit appears in the property timeline.

Evidence: assessment moved from $106,000 to $201,400 · no permit shown in 2026-2028

Limit: Not proof of unpermitted work; reassessment, corrected data, or a permit under another parcel can also explain it.

Transparent record rules, not a score or forecast. Each flag is a prompt to verify the cited records, not a prediction or allegation.

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.

The last transfer was not a sale

The most recent recorded deed moved for nominal consideration, within one family. That is where tangled-title problems live — budget a real title search. (Occupants untangling an inherited deed can get help from the city's Tangled Title Fund.)

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 this house's public records and the city's rules as of 2026 (abatement ordinance, Homestead, rental licensing, lead certification, L&I process, excavation protections). Informational only — not legal, tax, or investment advice.

Who's behind it

Lxr Lpp 7 LLC · corporate / LLC owner

• Owns 2 properties across Philadelphia under this name, assessed at $538K combined
• Tax bills mail to 812 Darby Rd Ste 4, Havertown PA, 19083 — outside Philadelphia
• Holds an active rental license for this address
• The last transfer was a nominal/family deed, not an open-market sale

The investment read

How this building has moved and where it's pointed: the city's assessed value (not a listing price) over 12 years, charted against its block; appreciation is that history's pace, and the 5-year figure simply extends it. Yield estimates rent-vs-price from area rents. Ask the record to dig into any number.

Assessed value
$201K
built 1915
Price / sq ft
$77
block $80 · in line w/ block
Appreciation
+90%
+90%/yr, city 6.5%
In 5 years (~2031)
~$211K
+90%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$3K
1.4% effective
Jun 2022 tax snapshot
Gross yield
7.5%
≈$1K/mo rent
Times sold
3
kept in the family

Value vs. the block, over time — sales, permits & L&I events marked on the line

$0$125K$250KBefore this chart — 2003: Sold $20K 2006: Sold $75K2018: Sold $45K2020: Certificate of Occupancy (CO) (may inclu…$201K201620222027
This houseBlock median & rangeSalePermit

The paper trail

Bought for $20K in 2003. Owner pulled a certificate of occupancy (co) (may inclu… permit in 2020.

  1. 2003 $20KSold
  2. 2006 $75KSold
  3. 2018 $45KSold
  4. 2020 Certificate of Occupancy (CO) (may inclu…Permit

Flags: active rental license · long-held within one family. Informational only — not investment advice or a consumer report (FCRA).

The house, on paper

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

Stories
3
Interior
2,610 sqft
livable area
Lot
1,230 sqft
Exterior condition
Above average
city code 3
Interior condition
Below average
city code 5
Quality grade
B-
assessor's grade
Zoning
CMX3
city zoning code

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

Run the numbers

What owning 232 S 60th St 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 3 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.

$201K
20%
6.875%
$3K/mo
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, $2,100/yr insurance, 1% of price/yr maintenance; taxes from this parcel's record.

Block context

232 S 60th St sits on the 200 block of S 60th St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 230 S 60th St  ·  234 S 60th St

Where this comes from

Methodology & freshness

Available City datasets are queried from OpenDataPhilly (phl.carto.com), then reports are cached and refreshed on a rolling schedule. Source dates vary: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. Other dossiers re-pull on view once stale, and citywide benchmarks recompute weekly. AI-written passages are generated from these records only and rejected if they state a number the record doesn't hold.

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