2026 taxable assessment $326,400 × 1.3998%. Estimate—not a bill or account balance.
OPA also publishes a 2027 assessment of $337,200; it is not the 2026 billed-year value.
Multi-family report
2413 Nicholas St
4 bd · 2 ba · 3 stories · 1,248 sqft · RM1 · built 1915
Investor / LLC · assessed $326K (2026) · 2027 OPA assessment $337K · 2 licensed units · sold 2×. On the 2400 block of Nicholas St.
Property summary
Assessment$326,4002026 OPA assessment · 2027: $337,200
Last sale$320KRecorded 2025
Est. tax bill$4,569/year2026 taxable assessment × 1.3998%
Tax delinquencyNo 2022 matchNot proof account is current
Permits4Every fetched City permit
Violations0 open10 historical across 5 cases
“Open” reflects records available then historical records keep their source dates estimates are labeled
BlockReport AI · cited public records
Ask the questions this record raises.
Every choice opens the research chat with this property already in context. Curated questions are free.
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:
Property tax
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.
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 2912539002026 taxable assessment equals the full assessed value.
Historical delinquency sources Record found
This parcel did not match the June 2022 delinquency snapshot. That absence does not confirm the account is current today.
A separate historical parcel ledger ending in 2016 records $490.66 and a lien entry. It is shown as historical context only.
2016$490.66 total · $367.02 principal · $5.50 interest · $3.67 penalty
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 recordImproved
Why it mattersBought for $130K in 2020. Owner pulled a change of use permit in 2025.
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.
Post-purchase work pattern
A recorded purchase followed by 1 permit event matches the early part of a renovate-and-resell sequence.
Evidence: purchase recorded in 2025 · permit activity in 2025
Limit: This does not show that the property is listed or that a sale is planned.
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.
If you own it
$491 in the historical tax ledger through 2016
Historical context only, not a current payoff figure; that ledger also contains a lien entry. Verify today's balance and lien status directly with Philadelphia Revenue before relying on it.
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
Alion Investments LLC · corporate / LLC owner
• Owns 48 properties across Philadelphia under this name, assessed at $12M combined
• Tax bills mail to 1320 Kattie Ln, North Wales PA, 19454 — outside Philadelphia
• Holds an active rental license for this address
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
$326,400
2026 billed-year assessment · 2027: $337,200 · built 1915
Price / sq ft
$270
block $132 · above block
Appreciation
+1332%
+30%/yr, city 6.5%
In 5 years (~2031)
~$342K
+30%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$4,569
1.35% effective
Jun 2022 tax snapshot
No match
not proof the account is current
Gross yield
3%
≈$845/mo rent
Times sold
2
licensed rental
Value vs. the block, over time — sales, permits & L&I events marked on the line
This houseBlock median & rangeSalePermitInspection
Highlight
The paper trail
ImprovedBought for $130K in 2020. Owner pulled a change of use permit in 2025.
- 2011 L&I violationL&I
- 2012 Major alterationPermitPlumbingPermit7 L&I violationsL&IL&I: 2 failed, 1 passedL&I visit
- 2015 L&I: 2 failed, 1 passedL&I visitMajor alterationPermit
- 2016 Inspection failed ×5L&I visit
- 2017 Inspection failed ×2L&I visit
- 2020 $130KSold
- 2025 $320KSoldChange of UsePermit
City record timeline
Every dated deed, permit, inspection, license, violation, certification, and appeal—together.
The timeline combines the report’s transfer history with every successfully fetched L&I and zoning row. A date or status is the City’s filed record, not a statement that the condition remains current; use the official file for live detail.
- Recorded owner
- Alion Investments LLC
- L&I district
- NORTH
- OPA account
- 291253900
What this record suggests
The City file documents 4 permits touching bathroom work, electrical work, plumbing, roof work. 3 carries a completed, issued, or approved status; that documents the filing, not the present quality of the work.
- LicenseRental
License 0988263 · Active
alion investments · Expires 2026-09-07
- PermitChange of Use
Permit ZP-2025-008573 · Issued
Residential - Household Living - Two-Family
- Recorded transfer$320K transfer
2025
- Recorded transfer$130K transfer
2020
- InvestigationPRECOURT
Case 499553 · CLOSED
- InvestigationPRECOURT
Case 499553 · FAILED
- InvestigationBP_BLDG
Case 499553 · PASSED
- PermitMajor alteration
Permit 651378 · EXPIRED
EZ INTERIOR ALTERATIONS. APPLICANT AGREES TO LIMIT THE CONSTRUCTION TO COMPLY WITH EZ PERMIT STANDARD FOR INTERIOR ALTERATIONS, DATED JANUARY 2011. DEVIATION FROM THE STANDARD WILL RESULT IN REVOCATION OF THIS PERMIT AND IMPOSITION OF FURTHER PENALTIES. LICENSED CONTRACTOR TO BE LISTED ON PERMIT. SEPARATE PERMITS REQUIRED FOR PLUMBING, ELECTRIC AND HVAC. CALL INSPECTOR AT DISTRICT OFFICE AT LEAST 24 HOURS PRIOR TO START
- ViolationCLIP VIOLATION NOTICE
Case 350700 · Violation 2578720 · CLOSEDCASE
- ViolationDUMPING - PRIVATE LOT
Case 350700 · Violation 2578721 · CLOSEDCASE
- InvestigationBP_BLDG
Case 325609 · CLOSED
- ViolationPERMIT (ELEC) REQ'D
Case 325609 · Violation 2457636 · CLOSEDCASE
- ViolationDEBRIS REMOVE - CONSTR
Case 325609 · Violation 2457635 · CLOSEDCASE
- InvestigationBP_BLDG
Case 325609 · FAILED
- ViolationPERMB- ALTER REPAIR INT PART
Case 325609 · Violation 2457633 · CLOSEDCASE
- ViolationPERMIT (ELEC) REQ'D
Case 325609 · Violation 2457634 · CLOSEDCASE
- ViolationPERMIT (ELEC) REQ'D
Case 499553 · Violation 4259077 · CLOSEDCASE
- InvestigationCSUINITIAL
Case 280957 · PASSED
- PermitPlumbing
Permit 387414 · COMPLETED
2FD-2WC,2 BATH TUB,2 SINKS, 2 KS.PA1#20120290148
- PermitMajor alteration
Permit 386991 · COMPLETED
CORRECT VIOLATION 280957. REAR PARTIALLY COLLAPSED REAR WALL/STUCCO AND PARTIAL ROOF ONLY.
- InvestigationCSUINITIAL
Case 280957 · FAILED
- ViolationROOF PARTIALLY COLLAPSED
Case 280957 · Violation 2133013 · COMPLIED
- ViolationROOF DETERIORATED
Case 121997 · Violation 636632 · COMPLIED
- ViolationWALL DETERIORATED
Case 121997 · Violation 636633 · COMPLIED
- InvestigationCSUINITIAL
Case 121997 · CLOSED
Free record guide
How Philadelphia’s property system works
These explainers are free because the record only helps if you know what it can—and cannot—prove. Use the linked City guidance for the controlling rule.
Permits and inspections 4 on this property
This property’s file includes BP_ALTER, PP_PLUMBNG, Zoning permit records. A permit documents authorized scope and a City process; it is not by itself proof that every described improvement was completed, remains in place, or meets today’s condition expectations.
L&I inspections are scheduled at defined stages; final inspection and required certifications are separate steps in closing out applicable work.
How construction and repair permits work ↗See City inspection stages by permit type ↗Assessments and taxes
The OPA assessment is the City’s value on the tax roll—not an asking price, appraisal, or live account balance. The taxable assessment can differ from the full assessment because the City roll records exemptions or other treatment; the report keeps those fields separate.
Your annual estimate uses the taxable assessment. Payments, credits, interest, and the amount due are maintained separately in Tax Center.
How the Office of Property Assessment works ↗Philadelphia property-tax guidance ↗Violations, cases, and status check current status
An open row is a dated City status, not a diagnosis of current condition or a conclusion about the property. Read the case, notice, and any subsequent inspection together, then verify the live file.
How L&I code enforcement works ↗City violation and order types ↗Flags: active rental license · historical tax ledger through 2016 recorded $491 with a lien entry. 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
4
Bathrooms
2
Stories
3
Interior
1,248 sqft
livable area
Lot
784 sqft
Basement
Full, unfinished
city code C
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
Average
city code 4
Above averageBelow average
Interior condition
New / rehabbed
city code 2
New / rehabbed
Quality grade
C
assessor's grade
ABCDE
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 2413 Nicholas 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 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.
When this house last sold (2025) a 30-year mortgage ran about 6.6% — 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
2413 Nicholas St sits on the 2400 block of Nicholas St. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 2411 Nicholas St · 2415 Nicholas St
Where this comes from
- Assessment, spec sheet & owner — OPA Property Assessments, Office of Property Assessment
- Sales & deed history — Realty Transfer Tax records, Recorder of Deeds
- Permits, violations & inspections — L&I Property History · Atlas
- Tax delinquency snapshot · June 2022 — Real Estate Tax Delinquencies, Dept. of Revenue
- Historical tax ledger & liens · through 2016 — Real Estate Tax Balances, Dept. of Revenue
- Current property-tax balance — Verify with Philadelphia Revenue
- Zoning appeals — L&I & Zoning Board appeals
- Neighborhood income & rents — US Census ACS 5-year estimates
- Historical mortgage rates — Freddie Mac Primary Mortgage Market Survey, annual averages
- Imagery — Street photo © Google · Aerial © Esri, Maxar
Methodology & freshness
This report was assembled Jul 10, 2026, 1:58 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)