Mixed-use report

7246 Rising Sun Ave

1,760 sqft · CMX2 · built 1950

Investor / LLC · assessed $204K · 2 licensed units · sold 3×. On the 7200 block of Rising Sun Ave.

Street view of 7246 Rising Sun Ave
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 $340K in 2024, electrical permit in 2011, sold for $340K in 2024 (+278%).

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 1950: 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

Construction next door (7248 Rising Sun Ave, 2024)

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

Lead certificate is not optional

Built 1950: 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

Lin & Wand Estate LLC · corporate / LLC owner

• Tax bills mail to 1010 Cottman Avenue, Philadelphia PA, 19111
• 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
$204K
built 1950
Price / sq ft
$116
block $116 · in line w/ block
Appreciation
-18%
-2%/yr, city 6.5%
In 5 years (~2031)
~$204K
-2%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$3K
1.4% effective
Gross yield
6.7%
≈$1K/mo rent
Times sold
3
licensed rental

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

$0$500K$1.0MBefore this chart — 2011: Electrical 2011: 2 L&I violations 2011: Use 2011: L&I: 1 failed, 3 passed2018: L&I violation 2018: L&I: 2 failed, 1 passed2019: Plumbing2024: Sold $340K2025: 4 L&I violations 2025: L&I: 4 failed, 2 passed2026: 2 L&I violations 2026: L&I: 1 failed, 1 passed$204K201620222027
This houseBlock median & rangeSaleL&I violationPermit

The paper trail

Bought for $340K in 2024, electrical permit in 2011, sold for $340K in 2024 (+278%).

  1. 2011 ElectricalPermit2 L&I violationsL&IUsePermitL&I: 1 failed, 3 passedL&I visit
  2. 2018 L&I violationL&IL&I: 2 failed, 1 passedL&I visit
  3. 2019 PlumbingPermit
  4. 2024 $340KSold
  5. 2025 4 L&I violationsL&IL&I: 4 failed, 2 passedL&I visit
  6. 2026 2 L&I violationsL&IL&I: 1 failed, 1 passedL&I visit

Flags: active rental license · 2 zoning/board appeals on record. 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.

Interior
1,760 sqft
livable area
Lot
2,324 sqft
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
C
assessor's grade
Zoning
CMX2
city zoning code
Zoning appeals
2
denied 2009

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

Run the numbers

What owning 7246 Rising Sun 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.

$340K
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

7246 Rising Sun Ave sits on the 7200 block of Rising Sun Ave. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 7244 Rising Sun Ave  ·  7248 Rising Sun 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)