1026 LEVICK, Philadelphia, PA 19111
- Added:
- Mar 10, 2026
- Days on Market:
- 101
- Last Refresh:
- Jun 18 at 1:06 am
Property Features for 1026 LEVICK
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Parking features
- Garage - Attached, Driveway
- Interior features
- Ceiling Fan(s), Breakfast Area, Bathroom - Tub Shower
- Appliances
- Dryer - Electric, Exhaust Fan, Refrigerator, Stove, Washer, WaterHeater
- Standard status
- Active
- Size
- 2,400 SF
Taxes and HOA fees
- Tax Annual Amount
- 4787
Utilities
- Heating system
- Other (Heating)
- Cooling system
- Ceiling Fan(s), Window Unit(s)
Building Details
- Year built
- 1952
- Number of units
- 2
- Building materials
- Brick
- Architectural style
- Other
Listing agent Doreen Franklin-Burrows License #RS297102 (215) 224-2101
Listing office Alliance Real Estate 5700 N 5th Street, Philadelphia, PA (215) 224-2101
Listing date Mar 10, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Brick property built in 1952 with finished basement and side entrance access
- Two full garage spaces and driveway parking
- Separate entrances for both apartments, plus a shared walk down to the basement laundry area
- Fenced side yard and patio
- Apartment interiors include a breakfast area, tub/shower bath, ceiling fans, and window unit cooling
- Appliances included: refrigerator, stove, washer, and electric dryer
Overview
Located in Philadelphia, PA 19111, the home’s layout supports independent entry into each apartment while keeping the basement laundry area centrally accessed. The basement configuration connects the units in a practical way without eliminating separate exterior entry points.
The apartments are currently vacant, making this a straightforward option for a buyer seeking a duplex where both units can be addressed at once. The property is being sold “as is,” and the seller will do no repairs, so buyers should plan accordingly for inspections and any needed updates. With two garages and outdoor space in addition to the finished basement, the configuration may appeal to owner-occupants and investors looking for a residence that can function as both living space and rental income at the same time.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.5k | $19.80 |
| − Vacancy | −$1.5k | −$0.62 |
| EGI | $46.0k | $19.18 |
| − OpEx | −$13.8k | −$5.75 |
| NOI | $32.2k | $13.43 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.08394
- Latitude
- 40.04282
