Public Records
Edition
Philadelphia2600 block of Salmon StRecords pulled July 9, 2026

Multi-family report

2651 Salmon St

2 stories · 1,900 sqft · RSA5 · built 1925

Investor / LLC · assessed $800K · sold 2×. On the 2600 block of Salmon St.

Street view of 2651 Salmon St
From the street — imagery © Google
From above — imagery © Esri, Maxar
The story of this houseAI · written from the public record

Reading this house's deeds, permits and assessments…

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

The tax bill is temporary

Today's $6,472/yr reflects a 10-year abatement. It steps up every year and reaches about $11,201/yr in 2036 — $4,729/yr more. Price the full bill, not the current one.

Built 1925: 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.

Multiple units in RSA5, a single-family district

The building's use almost certainly predates today's code — a "legal nonconforming" use. That status survives a sale but can lapse if the use is abandoned or the building sits vacant; verify the registered use with L&I before pricing it as multiple rents.

The last transfer was not a sale

The most recent recorded deed moved for nominal consideration. 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

No active rental license on file

If this property is rented, Philadelphia requires a Rental License (via eCLIPSE) — without it a landlord cannot legally collect rent or evict, and tenants can withhold. Licensing needs tax clearance and no open violations.

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

Hgc Rentals LLC · corporate / LLC owner

• Tax bills mail to 148 E Street Rd, Feasterville Trevose PA, 19053 — outside Philadelphia

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 analyst below to dig into any number.

Assessed value
$800K
built 1925
Price / sq ft
$421
block $205 · above block
Appreciation
+1158%
+26%/yr, city 6.5%
In 5 years (~2031)
~$811K
+26%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$6K
0.81% effective, abated
Gross yield
2.8%
≈$2K/mo rent
Times sold
2

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

$0$500K$1.0M2019: Alterations 2019: New Construction 2019: New Construction 2019: New Construction 2019: Plumbing2020: L&I violation 2020: L&I: 1 failed, 1 passed 2020: Alterations2023: 2 L&I violations 2023: Inspection failed ×22024: Inspection passed 2024: Sold $440K$800K201620222027
This houseBlock median & rangeSaleL&I violationPermit
The paper trail

built new under a 2019 permit (tax-abated), sold for $440K in 2024.

  1. 2019 AlterationsPermitNew ConstructionPermitNew ConstructionPermitNew ConstructionPermitPlumbingPermit
  2. 2020 L&I violationL&IL&I: 1 failed, 1 passedL&I visitAlterationsPermit
  3. 2023 2 L&I violationsL&IInspection failed ×2L&I visit
  4. 2024 Inspection passedL&I visit$440KSold

Flags: tax-abated — the bill lags real value · 1 zoning/board appeal on record. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $6,472/yr under a 10-year tax abatement that steps down every year. In 2036 the bill reaches its full ~$11,201/yr — a step up of $4,729/yr, 9 assessment years out. Drag the slider.

2016: ~$890/yr2017: ~$890/yr2018: ~$890/yr2019: ~$890/yr2020: ~$890/yr2021: ~$890/yr2022: ~$890/yr2023: ~$890/yr2024: ~$890/yr2025: ~$890/yr2026: ~$3,639/yr2027: ~$6,472/yr2028: ~$6,997/yr (projected)2029: ~$7,523/yr (projected)2030: ~$8,048/yr (projected)2031: ~$8,574/yr (projected)2032: ~$9,099/yr (projected)2033: ~$9,625/yr (projected)2034: ~$10,150/yr (projected)2035: ~$10,676/yr (projected)2036: ~$11,201/yr (projected)2037: ~$11,201/yr (projected)201620362037
2027~$6,472/yrfrom the record

now: ($800,200 assessed − $337,848 abated) × 1.3998% ≈ $6,472/yr 2036: $800,200 assessed × 1.3998% ≈ $11,201/yr The abated slice shrinks ~10% a year (post-2022 program, started 2026) — reassessments move both lines. After expiry an owner-occupant can claim the Homestead Exemption (~$1,400/yr off); an abated home can't hold both.

The house, on paper

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

Stories
2
Interior
1,900 sqft
livable area
Lot
1,350 sqft
Basement
Full
city code D
Exterior condition
New / rehabbed
city code 2
New / rehabbed
Interior condition
New / rehabbed
city code 2
New / rehabbed
Zoning
RSA5
city zoning code
Zoning appeals
1
granted with conditions 2017

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

Run the numbers

What owning 2651 Salmon St takes, at your price and your rate. Taxes are this house's actual bill from the city record; rent starts at the area median. Assessed value is not an asking price — set the price slider to the real one.

$800K
20%
6.875%
$2K/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, $1,400/yr insurance, 1% of price/yr maintenance; taxes from this parcel's record (with the abatement toggle above).

Next door: 2649 Salmon St  ·  2653-61 Salmon St

Where this comes from

City datasets are fetched live from OpenDataPhilly (phl.carto.com) and cached briefly. Dossiers re-pull automatically — on view once they're a few weeks old, plus a nightly rolling sweep — and citywide benchmarks recompute weekly; the masthead date is when this page's records were last pulled. 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)