Mixed-use report

5601 Lansdowne Ave

2 stories · 3,359 sqft · CMX2 · built 1920

Investor / LLC · assessed $393K · 3 licensed units · sold 1×. On the 5600 block of Lansdowne Ave.

Street view of 5601 Lansdowne Ave
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

Verify the current balance before relying on it.

$13K was recorded for this parcel in Philadelphia's June 2022 delinquency snapshot. That amount may have been paid, reduced, or increased since; it is not a current payoff figure.

A separate historical parcel ledger ending in 2016 records $9K and a lien entry. It is shown as historical context only.

Verify current balance with Philadelphia Revenue →

What stands out

From the public record

What the record is signaling

Early patterns mined across this property's dated public records. Each flag shows what triggered it and where the inference stops.

elevated signalPublic-record pressure

More than one public record deserves a current-status check.

Evidence: $12,934 appeared in the City's June 2022 delinquency snapshot · a lien number appears in the historical tax ledger through 2016 · failed L&I inspection activity in 2021, 2022

Limit: A screening signal, not a foreclosure prediction. Tax entries are historical and must be verified with Philadelphia Revenue.

elevated signalPost-purchase work pattern

A recorded purchase followed by 8 permit events matches the early part of a renovate-and-resell sequence.

Evidence: purchase recorded in 2022 · permit activity in 2023, 2024, 2025

Limit: This does not show that the property is listed or that a sale is planned.

Transparent record rules, not a machine-learning forecast. A signal is a prompt to verify the cited record, 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

The current tax estimate is temporary

The taxable assessment implies about $1,248/yr under a 10-year abatement. The estimate steps up every year and reaches about $5,501/yr in 2035 — $4,253/yr more. Underwrite the post-abatement estimate and verify the actual bill with Revenue.

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.

If you own it

$8,859 in the historical tax ledger through 2016

Historical context only, not a current payoff figure; that ledger also contains a lien entry. Verify today's balance and lien status directly with Philadelphia Revenue before relying on it.

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

Hitm Holdings L L C · corporate / LLC owner

• Owns 2 properties across Philadelphia under this name, assessed at $561K combined
• Tax bills mail to 311 Lansdowne Rd, Havertown PA, 19083 — 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
$393K
built 1920
Price / sq ft
$117
block $114 · in line w/ block
Appreciation
+457%
+17%/yr, city 6.5%
In 5 years (~2031)
~$396K
+17%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$1K
0.32% effective, abated
Jun 2022 tax snapshot
$13K
delinquency recorded then · verify current
Gross yield
1.9%
≈$633/mo rent
Times sold
1
licensed rental

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

$0$250K$500K2022: Sold $80K2023: Addition and/or Alteration 2023: Addition and/or Alteration 2023: Alterations 2023: Addition and/or Alterations 2023: Alterations 2023: 9 L&I violations 2023: L&I: 2 failed, 2 passed 2023: New Construction2024: Change of Use 2024: Inspection passed2025: Addition and/or Alteration$393K201620222027
This houseBlock median & rangeSaleL&I violationPermit

The paper trail

built new under a 2023 permit (tax-abated), sold for $80K in 2022.

  1. 2022 $80KSold
  2. 2023 Addition and/or AlterationPermitAddition and/or AlterationPermitAlterationsPermitAddition and/or AlterationsPermitAlterationsPermit9 L&I violationsL&IL&I: 2 failed, 2 passedL&I visitNew ConstructionPermit
  3. 2024 Change of UsePermitInspection passedL&I visit
  4. 2025 Addition and/or AlterationPermit

Flags: tax-abated — the bill lags real value · active rental license · $13K recorded in the June 2022 delinquency snapshot — verify current balance · historical tax ledger through 2016 recorded $9K with a lien entry. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house’s taxable assessment implies about $1,248/yr under a 10-year tax abatement that steps down every year. In 2035 the assessment-based estimate reaches ~$5,501/yr — a step up of $4,253/yr, 8 assessment years out. Drag the slider.

2016: ~$988/yr2017: ~$988/yr2018: ~$568/yr2019: ~$428/yr2020: ~$435/yr2021: ~$435/yr2022: ~$435/yr2023: ~$1,411/yr2024: ~$1,411/yr2025: ~$1,251/yr2026: ~$1,251/yr2027: ~$1,248/yr2028: ~$1,780/yr (projected)2029: ~$2,311/yr (projected)2030: ~$2,843/yr (projected)2031: ~$3,375/yr (projected)2032: ~$3,906/yr (projected)2033: ~$4,438/yr (projected)2034: ~$4,969/yr (projected)2035: ~$5,501/yr (projected)2036: ~$5,501/yr (projected)201620352036
2027~$1,248/yrestimated from assessment

now: ($393,000 assessed − $303,844 abated) × 1.3998% ≈ $1,248/yr 2035: $393,000 assessed × 1.3998% ≈ $5,501/yr The abated slice shrinks ~10% a year (post-2022 program, started 2025) — reassessments move both lines. After expiry an owner-occupant can claim the Homestead Exemption (~$1,400/yr off); an abated home can't hold both.

The house, on paper

The city assessor's field record — the physical spec sheet behind the assessed number.

Stories
2
Interior
3,359 sqft
livable area
Lot
1,578 sqft
Exterior condition
Above average
city code 3
Interior condition
Above average
city code 3
Quality grade
C
assessor's grade
Zoning
CMX2
city zoning code

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

Run the numbers

What owning 5601 Lansdowne Ave 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 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.

$80K
20%
6.875%
$2K/mo

When this house last sold (2022) a 30-year mortgage ran about 5.34% — 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 (with the abatement toggle above).

Block context

5601 Lansdowne Ave sits on the 5600 block of Lansdowne Ave. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 5603 Lansdowne Ave  ·  5605 Lansdowne Ave

Where this comes from

Methodology & freshness

Available City datasets are queried from OpenDataPhilly (phl.carto.com), then reports are cached and refreshed on a rolling schedule. Source dates vary: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. Other dossiers re-pull on view once stale, 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)