Multi-family report

755 E Allegheny Ave

3 bd · 2 ba · 1 story · 1,300 sqft · RSA5 · built 1920

Investor / LLC · assessed $161K · 2 licensed units · sold 3×. On the 700 block of E Allegheny Ave.

Street view of 755 E Allegheny Ave
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

What stands out

From the public record

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.

2 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 2 rents.

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

Philadelphia Shalom LLC · corporate / LLC owner

• Owns 21 properties across Philadelphia under this name, assessed at $2.4M combined
• Tax bills mail to 127 W 65th Ave, Philadelphia PA, 19120
• Holds an active rental license for this address
• The last transfer was a nominal/family deed, not an open-market sale

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
$161K
built 1920
Price / sq ft
$123
block $61 · above block
Appreciation
+171%
+9%/yr, city 6.5%
In 5 years (~2031)
~$161K
+9%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$2K
1.4% effective
Gross yield
9.5%
≈$1K/mo rent
Times sold
3
kept in the family

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

$0$125K$250KBefore this chart — 2006: Sold $71K 2013: 3 L&I violations 2013: Inspection failed ×32016: 4 L&I violations 2016: L&I: 3 failed, 1 passed 2016: Sold $18K2019: Sold $41K2020: Appeal complete2023: 6 L&I violations 2023: Inspection failed2024: L&I: 3 failed, 1 passed2025: Alterations$161K201620222027
This houseBlock median & rangeSaleL&I violationZoningPermitInspection

The paper trail

Bought for $71K in 2006. Owner pulled a alterations permit in 2025.

  1. 2006 $71KSold
  2. 2013 3 L&I violationsL&IInspection failed ×3L&I visit
  3. 2016 4 L&I violationsL&IL&I: 3 failed, 1 passedL&I visit$18KSold
  4. 2019 $41KSold
  5. 2020 Appeal completeZoning
  6. 2023 6 L&I violationsL&IInspection failedL&I visit
  7. 2024 L&I: 3 failed, 1 passedL&I visit
  8. 2025 AlterationsPermit

Flags: active rental license · 1 zoning/board appeal on record · long-held within one family. 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
3
Bathrooms
2
Stories
1
Interior
1,300 sqft
livable area
Lot
798 sqft
Basement
Full
city code D
Heat
Undetermined
city code H
Central air
No
Exterior condition
Average
city code 4
Interior condition
New / rehabbed
city code 2
New / rehabbed
Quality grade
C
assessor's grade
Zoning
RSA5
city zoning code
Zoning appeals
1
complete 2020

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

Run the numbers

What owning 755 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.

$161K
20%
6.875%
$2K/mo

When this house last sold (2019) a 30-year mortgage ran about 3.94% — 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

755 E Allegheny Ave sits on the 700 block of E Allegheny Ave. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 753 E Allegheny Ave  ·  757 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)