Multi-family report

5957 Belmar St

2 bd · 2 ba · 1 story · 1,150 sqft · RSA5 · built 1920

Investor / LLC · assessed $163K · sold 2×. On the 5900 block of Belmar St.

Street view of 5957 Belmar St
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

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.

watch signalPublic-record pressure

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

Evidence: 1 open L&I violation · failed L&I inspection activity in 2022, 2024, 2026

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

watch signalPost-purchase work pattern

A recorded purchase followed by 1 permit event matches the early part of a renovate-and-resell sequence.

Evidence: purchase recorded in 2022 · permit activity in 2022

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

watch signalAssessment/permit mismatch

The assessment jumped 61% in 2027, but no matching permit appears in the property timeline.

Evidence: assessment moved from $101,600 to $163,400 · no permit shown in 2026-2028

Limit: Not proof of unpermitted work; reassessment, corrected data, or a permit under another parcel can also explain it.

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

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.

Multiple 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 multiple rents.

If you own it

1 open violation: the clock matters

L&I appeals must be filed within 30 days — just 6 days if a property is designated UNSAFE or IMMINENTLY DANGEROUS. Left unresolved, the city can do the work itself, bill the owner (routinely $50,000+ on a rowhouse), lien the property, and add court fines of $300+/day.

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

Diber LLC · corporate / LLC owner

• Tax bills mail to 24 Minna Street, Staten Island NY, 10304 — outside Philadelphia

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
$163K
built 1920
Price / sq ft
$142
block $108 · above block
Appreciation
+177%
+10%/yr, city 6.5%
In 5 years (~2031)
~$164K
+10%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$2K
1.4% effective
Jun 2022 tax snapshot
No match
not proof the account is current
Gross yield
7%
≈$954/mo rent
Times sold
2

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

$0$100K$200KBefore this chart — 2004: Sold $47K2016: 3 L&I violations2022: Sold $125K 2022: 2 L&I violations 2022: Inspection failed 2022: Alterations2023: Inspection passed2024: 11 L&I violations 2024: Inspection failed ×42026: 2 L&I violations 2026: Inspection failed ×2$163K201620222027
This houseBlock median & rangeSaleL&I violationPermitInspection

The paper trail

Bought for $47K in 2004. Owner pulled a alterations permit in 2022.

  1. 2004 $47KSold
  2. 2016 3 L&I violationsL&I
  3. 2022 $125KSold2 L&I violationsL&IInspection failedL&I visitAlterationsPermit
  4. 2023 Inspection passedL&I visit
  5. 2024 11 L&I violationsL&IInspection failed ×4L&I visit
  6. 2026 2 L&I violationsL&IInspection failed ×2L&I visit

Flags: 1 open L&I violation. 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
2
Bathrooms
2
Stories
1
Interior
1,150 sqft
livable area
Lot
1,130 sqft
Basement
Basement
city code J
Heat
Undetermined
city code H
Central air
No
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 5957 Belmar 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.

$163K
20%
6.875%
$950/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, $1,400/yr insurance, 1% of price/yr maintenance; taxes from this parcel's record.

Block context

5957 Belmar St sits on the 5900 block of Belmar St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 5955 Belmar St  ·  5959 Belmar St

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)