Multi-family report

4023 Baring St

3 stories · 6,444 sqft · RSA5 · built 2013

Investor / LLC · assessed $1.3M · 6 licensed units · sold 2×. On the 4000 block of Baring St.

Street view of 4023 Baring St
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

What stands out

From the public record
Finding

New construction

Why it matters

Bought for $98K in 2013, built new under a 2013 permit, sold for $1.2M in 2015.

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

6 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 6 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

Angel Philly LLC · corporate / LLC owner

• Tax bills mail to 206 Colonial CT, Blue Bell PA, 19422 — 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
$1.3M
built 2013
Price / sq ft
$194
block $204 · in line w/ block
Appreciation
+33%
+3%/yr, city 6.5%
In 5 years (~2031)
~$1.3M
+3%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$18K
1.4% effective
Gross yield
1.5%
≈$2K/mo rent
Times sold
2
licensed rental

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

$0$1.0M$2.0MBefore this chart — 2007: 2 L&I violations 2013: Land $98K 2013: New construction 2013: Administrative 2013: L&I violation 2013: Plumbing 2013: Electrical 2013: Mechanical 2013: Plumbing 2013: Electrical 2013: Suppression 2015: Sold $1.2M$1.3M201620222027
This houseBlock median & rangePermit

The paper trail

Bought for $98K in 2013, built new under a 2013 permit, sold for $1.2M in 2015.

  1. 2007 2 L&I violationsL&I
  2. 2013 $98KLand buyNew constructionPermitAdministrativePermitL&I violationL&IPlumbingPermitElectricalPermitMechanicalPermitPlumbingPermitElectricalPermitSuppressionPermit
  3. 2015 $1.2MSold

Flags: active rental license. 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
3
Interior
6,444 sqft
livable area
Lot
2,700 sqft
Exterior condition
Above average
city code 3
Interior condition
Above average
city code 3
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 4023 Baring St takes, at your price and your rate. Taxes are this building's actual bill from the city record; rent starts at 6 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.

$1.3M
20%
6.875%
$8K/mo

When this house last sold (2015) a 30-year mortgage ran about 3.85% — 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, $4,200/yr insurance, 1% of price/yr maintenance; taxes from this parcel's record.

Block context

4023 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: 4021 Baring St  ·  4025 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)