Multi-family report

2427 Nicholas St

5 bd2 ba3 stories1,778 sqftRM1built 1915

Property at a glanceMulti-family

Entity-held

2026 assessment
$495K OPA value, not a listing price
From above · selected parcel outlined; choose a neighboring polygon to open it — imagery © Esri, Maxar

Assessment and City record timeline

Published City assessments for this building against its block and ZIP. Dated City filings are marked on the same line. Select one to read it. Assessments are tax-roll values, not sale prices or appraisals.

$0$250K$500KZIP 19121 (Brewerytown · Sharswood) median$421K2009201220152018202120242027
Property assessmentBlock median & rangeZIP 19121 (Brewerytown · Sharswood) medianAssessmentDeed / saleL&I violationPermitInspectionLicense

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 record14 events · exact dates, newest first
  1. License2427 Nicholas Street LLC (Same): Rental landlord or residential registration initially issued
  2. PermitAddition and/or Alterations
  3. PermitAddition and/or Alteration
  4. PermitNew Construction or Additions
  5. PermitAddition and/or Alteration
  6. PermitNew construction, addition, GFA change
  7. PermitInterior Non-Load-Bearing Wall Demo.
  8. Deed / saleDeed / sale $135K
  9. InspectionHCEU INSP (Housing Code Enforcement Unit inspection)
  10. InspectionHCEU INSP (Housing Code Enforcement Unit inspection)
  11. InspectionHCEU INSP (Housing Code Enforcement Unit inspection)
  12. L&I violationVACANT PROP STANDARD (likely: vacant-property enforcement standard)
  13. L&I violationLICENSE-VAC RES BLDG (vacant residential building license required)
  14. InspectionHCEU INSP (Housing Code Enforcement Unit inspection)

Flags: material assessment exemption; legal basis and term unverified · active rental license. Informational only. Not investment advice or a consumer report (FCRA).

Verify the public record

$1,436/year estimated property tax

2026 taxable assessment $102,600 × 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 $421,400. 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 291254610
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationPartial assessment exemption, basis unverified

2026 OPA taxes $102,600 of $495,400 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.”

The assessment exemption gap

OPA's 2026 roll shows a partial assessment exemption. The annual difference is measurable; the reason for it and what happens after a sale are not established here.

Using OPA's taxable amount ~$1,436/year

$102,600 taxable basis

Difference to verify+$5,499/year
If the full assessment were taxable ~$6,935/year

$495,400 scenario basis

The assessment roll does not identify
  • Legal basis or program
  • Approval or expiration date
  • Treatment after a sale
  • Current Tax Center balance
Show the assessment math 2026: ($495,400 assessed − $392,800 exempt) × 1.3998% ≈ $1,436/year Full-assessment scenario: $495,400 × 1.3998% ≈ $6,935/year

Do not treat the full-assessment scenario as inevitable or assume the current relief transfers. Obtain the approval history and verify the live Tax Center account before relying on either number.

The property, on paper

OPA physical field record.

Bedrooms
5
Bathrooms
2
Stories
3
Interior
1,778 sqft livable area
Lot
784 sqft
Basement
Full, finished city code A
Heat
Forced hot air city code A
Central air
Yes
Exterior condition
New / rehabbed city code 2
New / rehabbed
Interior condition
New / rehabbed city code 2
New / rehabbed
Quality grade
E assessor's grade
Zoning
RM1 city zoning code

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

Recorded owner

Who's behind it

2427 Nicholas Street LLC · corporate / LLC owner

• Tax bills mail to 2215 Gerritt St, Philadelphia PA, 19146
• Holds an active rental license for this address

Block context

2400 block of Nicholas St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 2425 Nicholas St  ·  2429 Nicholas St

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 23, 2026.

Landlord and residential filings

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

2427 Nicholas Street LLC (Same)Active

Rental · Initial issue date Jan 2, 2024 · Filed expiration Jan 1, 2027

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 14 dated rows
  1. License issue event2427 Nicholas Street LLC (Same): Rental landlord or residential registration initially issued

    License 940927 · Active

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

  2. PermitAddition and/or Alterations

    Permit MP-2023-002022 · Completed

    EZ PERMIT DUCTWORK & WARM-AIR APPLIANCES- For the installation if New Ductwork, Registers/Grilles/Diffusers, and Warm-Air Appliances as per attached standards. Deviations from these standards require submission of construction and site plans.

  3. PermitAddition and/or Alteration

    Permit EP-2023-003653 · Completed

    Install 200-amp service 125-amp panels with 30 circuits inside, wire throughout, install decora devices, switches, receptacles, smokes, 4 '' LED recessed lights and ARCF breakers according to NEC. 2017

  4. PermitNew Construction or Additions

    Permit PP-2023-002615 · Completed

    INSTALL 5 water closets, 5 lavatories, 5 bath tabs, 2 kitchen sinks, 2 garbage disposals, 2 laundry boxes and 2 water heaters. 21 TOTAL FIXTURES

  5. PermitAddition and/or Alteration

    Permit RP-2022-012551 · Completed

    interior renovation and rear addition of an existing structure to use as two-family dwelling, details as shown on plans. permit amended on 6/30/23 : change of special inspection agency

  6. PermitNew construction, addition, GFA change

    Permit ZP-2022-009156 · Completed

    FOR THE ERECTION OF A REAR ADDITION WITH ROOF DECK ACCESSED BY A ROOF DECK ACCESS STRUCTURE IN AN EXISTING TWO (2) FAMILY DWELLING; SIZE AND LOCATION AS SHOWN IN THE PLAN.

  7. PermitInterior Non-Load-Bearing Wall Demo.

    Permit GM-2022-006776 · Expired

    EZ INTERIOR DEMOLITION- For the interior demolition on non-bearing partition wall and ceilings as per attached standard. Deviations from these standards require submission of construction and site plans. STRUCTURAL ALTERATION OR REPAIR IS EXPRESSLY PROHIBITED UNDER THIS PERMIT. PROHIBITED STRUCTURAL WORK INCLUDES ANY MODIFICATION TO EXTERIOR WALLS, PARTY WALLS, FLOOR/ROOF FRAMING OR FOUNDATIONS; UNDERPINNING AND EXCAVATIONS (I.E. DIGGING IN BASEMENT). NO WORK PERMITTED IN THE BASEMENT. Separate Streets Department permit required for sidewalk and street closures.

  8. Recorded transfer$135K transfer

    2022

  9. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 216768 · CLOSED

    A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. City marked the record closed; open the case for the closing reason.

  10. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 216768 · FAILED

    A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  11. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 216768 · FAILED

    A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  12. ViolationVACANT PROP STANDARD (likely: vacant-property enforcement standard)

    Case 216768 · Violation 3098842 · Code PM-306.0/1 · CLOSEDCASE

    A legacy L&I label associated with vacant-property requirements. It may concern licensing, securing, or maintaining a vacant structure; the notice and cited code control, and this row alone does not prove the property is vacant now. City marked the case closed; that does not mean the original condition never existed.

  13. ViolationLICENSE-VAC RES BLDG (vacant residential building license required)

    Case 216768 · Violation 3098843 · Code PM-102.4/2 · CLOSEDCASE

    This usually records a requirement to obtain a Vacant Structure License for an unoccupied residential building. Check later license and compliance rows because it does not establish present vacancy or an unresolved violation. City marked the case closed; that does not mean the original condition never existed.

  14. InvestigationHCEU INSP (Housing Code Enforcement Unit inspection)

    Case 216768 · FAILED

    A legacy L&I inspection label. The unit inspected housing for property-maintenance, fire-prevention, and related code compliance; the separate status says how that visit ended. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

Where this comes from

Methodology & freshness

This report was assembled Jul 24, 2026, 3:53 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)