Multi-family report

515 Brinton St

5 bd · 3 ba · 3 stories · 1,920 sqft · RSA3 · built 1925

Investor / LLC · assessed $356K · sold 3×. On the 500 block of Brinton St.

Street view of 515 Brinton St
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

What stands out

From the public record
Finding

Renovated & sold on

Why it matters

Bought for $54K in 2018, major alteration permit in 2018, sold for $210K in 2023 (+293%).

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 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 RSA3, 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.

If you own it

$50,291 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.

Construction next door (514 Brinton St, 2026)

Excavation deeper than 5 feet, or within 10 feet of an adjacent structure, legally requires the developer to survey neighboring homes first and give owners 10 days' written notice. Insist on the pre-construction survey — it is your evidence if cracks appear.

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

Gerev Investments LLC · corporate / LLC owner

• Tax bills mail to 102 S. 2nd St 2nd Floor, Philadelphia PA, 19196
• 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
$356K
built 1925
Price / sq ft
$185
block $126 · above block
Appreciation
+516%
+18%/yr, city 6.5%
In 5 years (~2031)
~$359K
+18%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$5K
1.4% effective
Gross yield
2.5%
≈$729/mo rent
Times sold
3
kept in the family

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

$0$250K$500K2018: Sold $54K 2018: Major alteration2019: Sold $64K2020: Inspection passed2022: Alterations2023: Sold $210K 2023: 4 L&I violations 2023: L&I: 3 failed, 1 passed2024: 2 L&I violations 2024: L&I: 1 failed, 1 passed2026: L&I violation 2026: L&I: 2 failed, 1 passed$356K201620222027
This houseBlock median & rangeSaleL&I violationPermitInspection

The paper trail

Bought for $54K in 2018, major alteration permit in 2018, sold for $210K in 2023 (+293%).

  1. 2018 $54KSoldMajor alterationPermit
  2. 2019 $64KSold
  3. 2020 Inspection passedL&I visit
  4. 2022 AlterationsPermit
  5. 2023 $210KSold4 L&I violationsL&IL&I: 3 failed, 1 passedL&I visit
  6. 2024 2 L&I violationsL&IL&I: 1 failed, 1 passedL&I visit
  7. 2026 L&I violationL&IL&I: 2 failed, 1 passedL&I visit

Flags: $50K back taxes (1997–2016, $23K of it interest & penalties, lien filed) · long-held within one family. 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
5
Bathrooms
3
Stories
3
Interior
1,920 sqft
livable area
Lot
2,928 sqft
Basement
Full, unfinished
city code C
Heat
Hot water / radiators
city code B
Central air
No
Exterior condition
Average
city code 4
Interior condition
Above average
city code 3
Quality grade
B-
assessor's grade
Zoning
RSA3
city zoning code

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

Run the numbers

What owning 515 Brinton 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.

$210K
20%
6.875%
$725/mo

When this house last sold (2023) a 30-year mortgage ran about 6.81% — 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

515 Brinton St sits on the 500 block of Brinton St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 513 Brinton St  ·  517 Brinton 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)