Multi-family report

620 E Allegheny Ave

4 bd · 2 ba · 2 stories · 1,174 sqft · RM1 · built 1920

Investor / LLC · assessed $100K · 2 licensed units · sold 3×. On the 600 block of E Allegheny Ave.

Street view of 620 E Allegheny Ave
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

What stands out

From the public record
Finding

Improved

Why it matters

Bought for $38K in 2001. Owner pulled a addition and/or alteration permit in 2026.

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 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

10 open violations: 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.

$5,068 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.

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

Reignbiko LLC · corporate / LLC owner

• Owns 2 properties across Philadelphia under this name, assessed at $237K combined
• Tax bills mail to 22 Salem Lane, Selden NY, 11784 — 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
$100K
built 1920
Price / sq ft
$85
block $66 · above block
Appreciation
+87%
+6%/yr, city 6.5%
In 5 years (~2031)
~$100K
+6%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$1K
1.4% effective
Gross yield
15%
≈$1K/mo rent
Times sold
3
licensed rental

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

$0$100K$200KBefore this chart — 2001: Sold $38K 2007: 3 L&I violations 2007: Inspection failed 2007: Sold $45K 2009: Inspection failed2024: Sold $73K2025: Addition and/or Alterations2026: Addition and/or Alteration 2026: 12 L&I violations 2026: L&I: 4 failed, 1 passed$100K201620222027
This houseBlock median & rangeSaleL&I violationPermit

The paper trail

Bought for $38K in 2001. Owner pulled a addition and/or alteration permit in 2026.

  1. 2001 $38KSold
  2. 2007 3 L&I violationsL&IInspection failedL&I visit$45KSold
  3. 2009 Inspection failedL&I visit
  4. 2024 $73KSold
  5. 2025 Addition and/or AlterationsPermit
  6. 2026 Addition and/or AlterationPermit12 L&I violationsL&IL&I: 4 failed, 1 passedL&I visit

Flags: active rental license · 10 open L&I violations · $5K back taxes (2011–2016, $1K of it interest & penalties, lien filed). 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
4
Bathrooms
2
Stories
2
Interior
1,174 sqft
livable area
Lot
806 sqft
Basement
Full
city code D
Heat
Electric baseboard
city code C
Central air
No
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
C
assessor's grade
Zoning
RM1
city zoning code

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

Run the numbers

What owning 620 E Allegheny Ave takes, at your price and your rate. Taxes are this building's actual bill from the city record; rent starts at 2 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.

$73K
20%
6.875%
$2K/mo

When this house last sold (2024) a 30-year mortgage ran about 6.72% — 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

620 E Allegheny Ave sits on the 600 block of E Allegheny Ave. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 618 E Allegheny Ave  ·  622 E Allegheny Ave

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)