2026 taxable assessment $311,900 × 1.3998%. Estimate—not a bill or account balance.
OPA also publishes a 2027 assessment of $289,800; it is not the 2026 billed-year value.
Multi-family report
2652-54 Bridge St
5 bd · 2 ba · 3 stories · 2,208 sqft · RSA5 · built 1915
Investor / LLC · assessed $312K (2026) · 2027 OPA assessment $290K · 2 licensed units · sold 1×. On the 2600 block of Bridge St.
Property summary
Assessment$311,9002026 OPA assessment · 2027: $289,800
Last sale$70KRecorded 2016
Est. tax bill$4,366/year2026 taxable assessment × 1.3998%
Tax delinquency—Snapshot unavailable
Permits4Dated events in report
Violations0 openNo historical match in fetched records
“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 4531518002026 taxable assessment equals the full assessed value.
Historical delinquency sources No current conclusion
The June 2022 delinquency snapshot was not verifiably available in this cached report. No conclusion about a match—or today’s balance—can be drawn from that absence.
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 $154K in 2007. Owner pulled a change of use permit in 2024.
View supporting records →Marked sealed, but licensed as a rental
Why it mattersThe assessor's condition code says sealed, while L&I shows an active rental license here. Both can't be current.
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.
Recent transition activity
The property has an unusually active paper trail worth monitoring for the next permit, inspection, deed, or listing.
Evidence: 2 permit events since 2023 · 2 zoning/board appeals since 2023
Limit: Record activity alone does not establish that a sale or redevelopment 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.
The multi-unit use has a zoning appeal on record
Appeal #33000 was granted with conditions in 2018 for permit for four (4) family dwelling (multi-family dwelling) in an existing structure. no plans submitted with this application.; the City row still reports status OPEN. Verify the registered use and certificate of occupancy with L&I instead of assuming the use predates the code.
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
Mtglq Investors LP · corporate / LLC owner
• Owns 2 properties across Philadelphia under this name, assessed at $689K combined
• Tax bills mail to 15480 Laguna Canyon Rd St, Irvine CA, 92618 — 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
$311,900
2026 billed-year assessment · 2027: $289,800 · built 1915
Price / sq ft
$131
block $148 · below block
Appreciation
+80%
+5%/yr, city 6.5%
In 5 years (~2031)
~$291K
+5%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$4,366
1.51% effective
Jun 2022 tax snapshot
—
Gross yield
-2760524.5%
≈$-667M/mo rent
Times sold
1
latest deed has shared-name parties
Value vs. the block, over time — sales, permits & L&I events marked on the line
This houseBlock median & rangeL&I violationZoningPermit
Highlight
The paper trail
ImprovedBought for $154K in 2007. Owner pulled a change of use permit in 2024.
- 2007 $154KSold
- 2018 Appeal granted with conditionsZoningUsePermitDemolitionPermit
- 2022 4 L&I violationsL&IL&I: 3 failed, 1 passedL&I visit
- 2023 Appeal dismissedZoning
- 2024 Addition and/or AlterationPermitChange of UsePermitAppeal grantedZoning
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
- Mtglq Investors LP
- L&I district
- —
- OPA account
- 453151800
What this record suggests
The dated deed and City-record sequence is assembled below. Read timing as a research lead, not proof of renovation, condition, or motive.
- AppealZBA Permit Denial - Variance
Appeal ZP-2024-003098 · Completed · Granted
PERMIT FOR A TWO-FAMILY HOUSEHOLD LIVING IN AN EXISTING STRUCTURE.
- AppealZBA Permit Denial - Variance
Appeal ZP-2022-010603 · Dismissed / Withdrawn · Dismissed
(PERMIT) APPLICATION IS FOR THREE (3) FAMILY DWELLING (MULTI-FAMILY DWELLING) IN AN EXISTING STRUCTURE. NO PLANS SUBMITTED WITH THIS APPLICATION. The permit for the above location cannot be issued because the proposal does not comply with
- AppealZoning board appeal
Appeal 33000 · OPEN · Granted with conditions
PERMIT FOR FOUR (4) FAMILY DWELLING (MULTI-FAMILY DWELLING) IN AN EXISTING STRUCTURE. NO PLANS SUBMITTED WITH THIS APPLICATION.
- Recorded transfer$154K transfer
2007
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
A permit is the City’s authorization and review pathway for construction or repair work. No fetched permit is not proof that no work ever happened.
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
L&I enforcement records can include warnings, notices, orders, inspections, and later resolution activity. A closed visit is still a historical record; it is not a missing event.
How L&I code enforcement works ↗City violation and order types ↗Flags: active rental license · 3 zoning/board appeals on record · latest deed has shared-name parties — relationship unverified. 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
5
Bathrooms
2
Stories
3
Interior
2,208 sqft
livable area
Lot
2,608 sqft
Basement
Full
city code D
Heat
Undetermined
city code H
Central air
No
Exterior condition
Sealed / compromised
city code 7
Sealed / compromised
Interior condition
Average
city code 4
Above averageBelow average
Quality grade
C+
assessor's grade
ABCDE
Zoning
RSA5
city zoning code
Zoning appeals
3
Completed · Granted · 2024
OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.
Where the record looks off
Places where the city's own paperwork disagrees with itself. These are flags on the data — not problems with the property.
Marked sealed, but licensed as a rental
The assessor's condition code says sealed, while L&I shows an active rental license here. Both can't be current.
Run the numbers
What owning 2652-54 Bridge 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 (2016) a 30-year mortgage ran about 3.65% — 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
2652-54 Bridge St sits on the 2600 block of Bridge St. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 2656r Bridge St · 2656 Bridge 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 9, 2026, 3:36 PM 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. “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)