Public Records
Edition
Philadelphia2200 block of N Broad StJuly 9, 2026

House report

2255 N Broad St

4 stories · 12,080 sqft · CMX2.5 · built 2021

Investor / LLC · assessed $2.0M · sold 3×. On the 2200 block of N Broad St.

Street view of 2255 N Broad St
From the street — imagery © Google
From above — imagery © Esri, Maxar
The story of this houseAI · written from the public record

Reading this house's deeds, permits and assessments…

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 $2,807/yr reflects a 10-year abatement. It steps up every year and reaches about $28,077/yr in 2036 — $25,270/yr more. Price the full bill, not the current one.

If you’re the landlord

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

Broad St Investment LLC · corporate / LLC owner

• 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 analyst below to dig into any number.

Assessed value
$2.0M
built 2021
Price / sq ft
$166
block $94 · above block
Appreciation
+998%
+231%/yr, city 6.5%
In 5 years (~2031)
~$2.2M
+231%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$3K
0.14% effective, abated
Gross yield
Times sold
3
licensed rental

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

$0$1.3M$2.5MBefore this chart — 2001: Land $20K 2006: Land $150K 2015: Land $320K2018: New Construction2019: New Construction 2019: New Construction 2019: New Construction 2019: New Construction or Additions 2019: Amend for conversion2020: New Construction or Additions2021: Addition and/or Alteration$2.0M201620222027
This houseBlock median & rangePermit
The paper trail

Bought for $20K in 2001, built new under a 2018 permit (tax-abated).

  1. 2001 $20KLand buy
  2. 2006 $150KLand buy
  3. 2015 $320KLand buy
  4. 2018 New ConstructionPermit
  5. 2019 New ConstructionPermitNew ConstructionPermitNew ConstructionPermitNew Construction or AdditionsPermitAmend for conversionPermit
  6. 2020 New Construction or AdditionsPermit
  7. 2021 Addition and/or AlterationPermit

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

The abatement clock

This house pays about $2,807/yr under a 10-year tax abatement that steps down every year. In 2036 the bill reaches its full ~$28,077/yr — a step up of $25,270/yr, 9 assessment years out. Drag the slider.

2025: ~$2,556/yr2026: ~$2,622/yr2027: ~$2,807/yr2028: ~$5,615/yr (projected)2029: ~$8,423/yr (projected)2030: ~$11,230/yr (projected)2031: ~$14,038/yr (projected)2032: ~$16,846/yr (projected)2033: ~$19,654/yr (projected)2034: ~$22,461/yr (projected)2035: ~$25,269/yr (projected)2036: ~$28,077/yr (projected)2037: ~$28,077/yr (projected)202520362037
2027~$2,807/yrfrom the record

now: ($2,005,800 assessed − $1,805,271 abated) × 1.3998% ≈ $2,807/yr 2036: $2,005,800 assessed × 1.3998% ≈ $28,077/yr The abated slice shrinks ~10% a year (post-2022 program, started 2026) — 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
4
Interior
12,080 sqft
livable area
Lot
3,020 sqft
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
Quality grade
C+
assessor's grade
Zoning
CMX2.5
city zoning code

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

Run the numbers

What owning 2255 N Broad 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.

$2.0M
20%
6.875%
$14K/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).

Next door: 2253 N Broad St  ·  2251 N Broad St

Where this comes from

City datasets are fetched live from OpenDataPhilly (phl.carto.com) and cached briefly. 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)