Multi-family report

3351 Cottman Ave

2 stories · 1,548 sqft · RSA5 · built 1920

Investor / LLC · assessed $287K · 2 licensed units · sold 2×. On the 3300 block of Cottman Ave.

Street view of 3351 Cottman Ave
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

What stands out

From the public record
Finding

Improved

Why it matters

Bought for $123K in 2007. Owner pulled a make safe permit for rp permit in 2024.

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 1920: 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.

2 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 2 rents.

If you own it

$374 in back taxes on record

Interest and penalties keep compounding until a Revenue payment agreement is in place, and a lien is already filed — an owner-occupant agreement also stops the sheriff-sale track.

If you’re the landlord

Lead certificate is not optional

Built 1920: 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

3h Investments LLC · corporate / LLC owner

• Owns 3 properties across Philadelphia under this name, assessed at $622K combined
• Tax bills mail to 49 Cohasset Ln, Cherry Hill NJ, 08003 — 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
$287K
built 1920
Price / sq ft
$186
block $180 · in line w/ block
Appreciation
+114%
+7%/yr, city 6.5%
In 5 years (~2031)
~$288K
+7%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$4K
1.4% effective
Gross yield
6.8%
≈$2K/mo rent
Times sold
2
licensed rental

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

$0$250K$500KBefore this chart — 2007: Sold $123K 2013: Sold $125K2021: L&I violation 2021: L&I: 1 failed, 1 passed2024: 3 L&I violations incl UNSAFE STRUCTURE 2024: L&I: 1 failed, 1 passed 2024: Make Safe Permit For RP2025: L&I violation 2025: Inspection failed ×22026: L&I violation 2026: L&I: 1 failed, 1 passed$287K201620222027
This houseBlock median & rangeL&I violationPermit

The paper trail

Bought for $123K in 2007. Owner pulled a make safe permit for rp permit in 2024.

  1. 2007 $123KSold
  2. 2013 $125KSold
  3. 2021 L&I violationL&IL&I: 1 failed, 1 passedL&I visit
  4. 2024 3 L&I violations incl UNSAFE STRUCTUREL&IL&I: 1 failed, 1 passedL&I visitMake Safe Permit For RPPermit
  5. 2025 L&I violationL&IInspection failed ×2L&I visit
  6. 2026 L&I violationL&IL&I: 1 failed, 1 passedL&I visit

Flags: active rental license · $374 back taxes (2008–2015, $5 of it interest & penalties, lien filed). 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
2
Interior
1,548 sqft
livable area
Lot
1,692 sqft
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
C
assessor's grade
Zoning
RSA5
city zoning code

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

Run the numbers

What owning 3351 Cottman Ave takes, at your price and your rate. Taxes are this building's actual bill from the city record; 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.

$287K
20%
6.875%
$3K/mo

When this house last sold (2013) a 30-year mortgage ran about 3.98% — 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 from this parcel's record.

Block context

3351 Cottman Ave sits on the 3300 block of Cottman Ave. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 3349 Cottman Ave  ·  3353 Cottman Ave

Where this comes from

Methodology & freshness

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. 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)