House report

6022 Market St

3 stories · 3,744 sqft · CMX3 · built 1915

Investor / LLC · assessed $499K · sold 1×. On the 6000 block of Market St.

Street view of 6022 Market St
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

What stands out

From the public record
Finding

Torn down & rebuilt

Why it matters

demolished in 2017 and rebuilt (2017), then sold for $11K 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

The tax bill is temporary

Today's $1,398/yr reflects a 10-year abatement. It jumps to about $6,989/yr in 2030 — $5,591/yr more. Price the full bill, not the current one.

Built 1915: 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’re the landlord

Lead certificate is not optional

Built 1915: 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

Lux 8 Investments LLC · corporate / LLC owner

• Owns 10 properties across Philadelphia under this name, assessed at $5.4M combined
• Holds an active rental license for this address

The investment read

How this house 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
$499K
built 1915
Price / sq ft
$133
block $80 · above block
Appreciation
+415%
+16%/yr, city 6.5%
In 5 years (~2031)
~$503K
+16%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$1K
0.28% effective, abated
Gross yield
Times sold
1
licensed rental

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

$0$250K$500KBefore this chart — 2015: 3 L&I violations 2015: Sold $11K2017: Demolished 2017: Use 2017: Appeal approved 2017: Major alteration 2017: Electrical 2017: Mechanical 2017: Electrical 2017: Suppression 2017: Plumbing 2017: Plumbing$499K201620222027
This houseBlock median & rangeTeardownPermit

The paper trail

demolished in 2017 and rebuilt (2017), then sold for $11K in 2015.

  1. 2015 3 L&I violationsL&I$11KSold
  2. 2017 DemolishedTeardownUsePermitAppeal approvedZoningMajor alterationPermitElectricalPermitMechanicalPermitElectricalPermitSuppressionPermitPlumbingPermitPlumbingPermit

Flags: tax-abated — the bill lags real value · active rental license · 1 zoning/board appeal on record. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $1,398/yr under a 10-year tax abatement. In 2030 the bill reaches its full ~$6,989/yr — a step up of $5,591/yr, 3 assessment years out. Drag the slider.

2016: ~$1,358/yr2017: ~$280/yr2018: ~$1,474/yr2020: ~$427/yr2021: ~$427/yr2022: ~$427/yr2023: ~$1,047/yr2024: ~$1,047/yr2025: ~$1,247/yr2026: ~$1,247/yr2027: ~$1,398/yr2028: ~$1,398/yr (projected)2029: ~$1,398/yr (projected)2030: ~$6,989/yr (projected)2031: ~$6,989/yr (projected)201620302031
2027~$1,398/yrfrom the record

now: ($499,300 assessed − $399,429 abated) × 1.3998% ≈ $1,398/yr 2030: $499,300 assessed × 1.3998% ≈ $6,989/yr Flat 100% exemption (pre-2022 program, started 2020), then the cliff — 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
3
Interior
3,744 sqft
livable area
Lot
1,840 sqft
Basement
Full, finished
city code A
Heat
Hot water / radiators
city code B
Central air
Yes
Exterior condition
New / rehabbed
city code 2
New / rehabbed
Interior condition
New / rehabbed
city code 2
New / rehabbed
Quality grade
C+
assessor's grade
Zoning
CMX3
city zoning code
Zoning appeals
1
approved 2017

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

Run the numbers

What owning 6022 Market 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.

$499K
20%
6.875%
$4K/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, $1,400/yr insurance, 1% of price/yr maintenance; taxes from this parcel's record (with the abatement toggle above).

Block context

6022 Market St sits on the 6000 block of Market St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 6024 Market St  ·  6018-20 Market 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)