Mixed-use property report

2427 Frankford Ave

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1,803 sqftCMX2built 2017

Property at a glanceApartment building

M2kt LLC

2026 assessment
$390K OPA value, not a listing price
2027 published assessment
$415K Future roll, not the current tax bill
Neighborhood area
Fishtown · East Kensington Approximate · based on ZIP 19125
From above · selected parcel outlined; choose a neighboring polygon to open it — imagery © Esri, Maxar

Assessment and City record timeline

The line tracks this property’s published City assessment. Markers show deeds, permits, inspections, licenses, violations, certifications, and appeals on their recorded dates. Select one to read the filing.

Assessments are tax-roll values, not sale prices or appraisals. OPA has published a 2027 assessment of $414,600. It is not yet the billed-year tax basis.

$0$250K$500K$415K2015201720192021202320252027
Property assessmentAssessmentLand buyL&I violationPermitLicenseCertification

Scroll horizontally to move through the years. Each icon sits on its recorded date; records without a day are labeled and centered within their year. Select one to explain the filing.

Highlight
Every dated record15 events · exact dates, newest first
  1. CertificationFire Alarm Certification
  2. LicenseM2KT LLC: Rental landlord or residential registration initially issued
  3. PermitAdministrative
  4. PermitAdministrative
  5. PermitMechanical
  6. PermitPlumbing
  7. PermitPlumbing
  8. PermitElectrical
  9. PermitSuppression
  10. PermitPlumbing
  11. PermitZoning/use
  12. PermitNew construction
  13. L&I violationEXT A-VACANT LOT CLEAN/MAINTAI
  14. L&I violationCLIP VIOLATION NOTICE
  15. Land buyLand record $50K

Verify the public record

$1,092/year estimated property tax

2026 taxable assessment $78,040 × 1.3998%. This is an estimate, not a bill or account balance. The City maintains payments, credits, interest, and the current amount due.

OPA has published a 2027 assessment of $414,600. It is not the 2026 billed-year value.

Current City balanceCheck Tax Center

Payments, credits, interest, and the current amount due are maintained by the City.

OPA 871401365
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationPartial assessment exemption, basis unverified

2026 OPA taxes $78,040 of $390,200 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

See the assessment math →
Historical delinquency sources No current conclusion

This parcel did not match the June 2022 delinquency snapshot. That absence does not confirm the account is current today.

For a purchase, refinance, or closing, request the City’s official Property Payoff statement in Tax Center under “More options.”

Property report

Mixed-use property

Apartment building, recorded in the City's mixed-use category. The public record and owner trail follow.

What it is
Apartment building Str/Off+Apt 3 Sty Masonry
Owner
M2kt LLC
$ / sq ft
$230 assessed value ÷ interior sqft
Corridor
Frankford and Susquehanna city commercial corridor
Licensed units
2 active rental license
Interior area
1,803 sqft
Lot size
853 sqft
Built
2017
Zoning
CMX2

Recorded owner

Who's behind it

M2kt LLC · corporate / LLC owner

• Tax bills mail to 51 N 3rd St, Philadelphia PA, 19106
• Holds an active rental license for this address

Block context

2400 block of Frankford Ave. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 2425 Frankford Ave  ·  2429 Frankford Ave

Business licenses at this address Latest pull

What L&I has registered at this OPA parcel, newest initial license date first.

Open the City record ↗

No L&I business license is on record at this address in data through Jul 25, 2026.

Landlord and residential filings

These are property registrations or landlord filings, not businesses operating at this address.

M2KT LLCActive

Rental · Initial issue date Sep 7, 2016 · Filed expiration Sep 6, 2026

A license is an L&I registration, not proof that a business is open, operating today, or located at this storefront. Dates are license dates. Events are deduped by parcel, business identity, and license type, so a renewal is not shown as another opening. Other permit and filing types remain in the full source ledger.

Open every source row 15 dated rows
  1. CertificationFire Alarm Certification

    Certification BC-2026-008207 · Certified

    Expires 2027-03-05

  2. License issue eventM2KT LLC: Rental landlord or residential registration initially issued

    License 713329 · Active

    License event. Registration does not prove present operation or storefront occupancy.

  3. PermitAdministrative

    Permit 704113 · COMPLETED

    TCO FOR SECOND AND THIRD FLOOR APTS ONLY.SEPERATE PERMIT AND CO FOR VACANT 1ST FLOOR NEEDED FOR TENANT FIT OUT

  4. PermitAdministrative

    Permit 677336 · COMPLETED

    TO AMEND PERMIT #646398 TO CREATE A PARTIAL STEPPED FOOTING AS PER REVISED PLANS.

  5. PermitMechanical

    Permit 703331 · COMPLETED

    INSTALL (3) MINI DUCTLESS SPLIT SYSTEMS. (MIXED-USE)

  6. PermitPlumbing

    Permit 703567 · COMPLETED

    INSTALL 1 1/2 BACKFLOW PREVENTOR THE INSTALLATION WILL COMPLY WITH THE PHILADELPHIA PLUMBING CODE 2004

  7. PermitPlumbing

    Permit 694885 · COMPLETED

    INSTALL 5" LATERAL,CURB TRAP AND PIPE AND 1" WATER LINE TO BASEMENT (MIXED USE)SELF CERTIFICATION'S ARE NO LONGER PERMITTED","ALL EXCAVATIONS AND PLUMBING TRENCHES IN EXCESS OF 5 FT IN DEPTH MUST HAVE APPROVED SHORING IN PLACE AT THE TIME OF INSPECTION"

  8. PermitElectrical

    Permit 673815 · COMPLETED

    INSTALL 400 AMP, SINGLE PHASE MAIN SERVICE, INSTALL 5 GANG METER. INSTALL WIRING THROUGHOUT AS PR 2008 NEC (MIXED USE)EAST DISTRICT INSTALL FIRE ALARM SYSTEM PER NFPA 72

  9. PermitSuppression

    Permit 664410 · COMPLETED

    FOR THE INSTALLATION OF AN AUTOMATIC FIRE SUPPRESSION SYSTEM THROUGHOUT A NEW STRUCTURE. SYSTEM IN ACCORDANCE WITH NFPA 13R AND NFPA 13. SYSTEM INCLUDES A 2" BACKFLOW PREVENTION ASSEMBLY AND 2" MAIN. ALL WORK PER APPROVED PLANS/APPLICATION. SEPARATE PERMITS REQUIRED FOR ELECTRICAL AND PLUMBING WORK.

  10. PermitPlumbing

    Permit 667040 · COMPLETED

    INTERIOR PLUMBING CONSTRUCTION FOR A NEW (3)STORY MIXED USE (VACANT COMMERCIAL & 2-FAMILY) PROPERTY - NOTE: THE BACKFLOW PREVENTION CONTAINMENT DEVICE, EXTERIOR, AND 5" SEWER LATERAL/1" WATER DISTRIBUTION REQUIRE SEPARATE PERMIT(S) - THE VENT TERMINATION(S) AT THE ROOF DECK MUST COMPLY WITH SECTION P-1103.4.1 OF THE PHILADELPHIA PLUMBING CODE 2004

  11. PermitZoning/use

    Permit 646391 · COMPLETED

    FOR THE ERECTION OF AN ATTACHED STRUCTURE WITH PILOT HOUSE. SIZE AND LOCATION AS SHOWN IN PLANS. FOR USE AS A VACANT COMMERCIAL SPACE ALONG THE GROUND FLOOR FRONTAGE (WITHIN FIRST 30'-0" OF BUILDING DEPTH) AND TWO-FAMILY HOUSEHOLD LIVING WITH ROOF DECK. NO SIGNS ON THIS APPLICATION.

  12. PermitNew construction

    Permit 646398 · COMPLETED

    FOR THE ERECTION OF A THREE-STORY MIXED-USE BUILDING WITH A COMMERCIAL SPACE AT THE FIRST FLOOR AND TWO (2) DWELLING UNITS ONE FLOORS 2-3 WITH PRIVATE ROOF DECK . BUILDING SHALL BE FULLY SPRINKLERED. SEPARATE PERMITS REQUIRED FOR MECHANICAL, ELECTRICAL, PLUMBING, AND FIRE SUPPRESSION SYSTEMS.

  13. ViolationEXT A-VACANT LOT CLEAN/MAINTAI

    Case 485620 · Violation 3596851 · Code PM-302.2/4 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  14. ViolationCLIP VIOLATION NOTICE

    Case 485620 · Violation 3596850 · Code CP-01 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  15. Land recordLand record

    2015

Where this comes from

Methodology & freshness

This report was assembled Jul 25, 2026, 11:19 PM ET. Available City datasets are queried from OpenDataPhilly (phl.carto.com) and the cited City ArcGIS feeds; record queries paginate rather than silently taking a first page. For this property: Permits: queried · Violations: queried · Investigations: queried · Appeals: queried · Licenses: queried · Building certifications: queried. “Unavailable” means the source query failed or was not supplied, not “no record.” Reports re-pull on view after seven days and on an overnight rolling schedule; citywide benchmarks recompute weekly. Source dates still govern: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. The live balance and date-effective payoff must be verified in Tax Center. AI-written passages are grounded in the assembled record and rejected if they state a number the record does not hold.

Official city record ↗  ·  L&I history ↗  ·  See the whole block  ·  Download this record (JSON)