Multi-family report

4008 Baring St

6 bd · 3 ba · 3 stories · 3,141 sqft · RSA5 · built 2012

Investor / LLC · assessed $693K · 3 licensed units · sold 1×. On the 4000 block of Baring St.

Street view of 4008 Baring St
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

What stands out

From the public record

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

3 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 3 rents.

If you’re the landlord

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

Mayrone LLC · corporate / LLC owner

• Owns 2 properties across Philadelphia under this name, assessed at $1.1M combined
• Tax bills mail to 4011-A Baring St, Philadelphia PA, 19104
• 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
$693K
built 2012
Price / sq ft
$221
block $204 · above block
Appreciation
+113%
+7%/yr, city 6.5%
In 5 years (~2031)
~$696K
+7%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$10K
1.4% effective
Gross yield
2.6%
≈$2K/mo rent
Times sold
1
licensed rental

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

$0$500K$1.0MBefore this chart — 2010: 2 L&I violations 2011: Land $85K 2012: Appeal granted with conditions 2012: Zoning/use 2012: New construction 2012: Plumbing 2012: Plumbing 2012: Mechanical 2013: Suppression 2013: Electrical$693K201620222027
This houseBlock median & rangePermit

The paper trail

Bought for $85K in 2011, built new under a 2012 permit.

  1. 2010 2 L&I violationsL&I
  2. 2011 $85KLand buy
  3. 2012 Appeal granted with conditionsZoningZoning/usePermitNew constructionPermitPlumbingPermitPlumbingPermitMechanicalPermit
  4. 2013 SuppressionPermitElectricalPermit

Flags: active rental license · 1 zoning/board appeal on record. 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.

Bedrooms
6
Bathrooms
3
Stories
3
Interior
3,141 sqft
livable area
Lot
1,500 sqft
Basement
Full, finished
city code A
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
Above average
city code 3
Interior condition
Above average
city code 3
Quality grade
B+
assessor's grade
Zoning
RSA5
city zoning code
Zoning appeals
1
granted with conditions 2012

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

Run the numbers

What owning 4008 Baring St takes, at your price and your rate. Taxes are this building's actual bill from the city record; 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.

$693K
20%
6.875%
$4K/mo

When this house last sold (2011) a 30-year mortgage ran about 4.45% — 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, $2,100/yr insurance, 1% of price/yr maintenance; taxes from this parcel's record.

Block context

4008 Baring St sits on the 4000 block of Baring St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 4006 Baring St  ·  4010 Baring St

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)