1016 Federal Street

Welcome to this fully occupied triplex, ideally situated in the vibrant Passyunk Square neighborhood. This income-producing property features three one-bedroom, one-bathroom units, each with separate utilities and in-unit washer and dryer for added convenience. Hardwood floors run throughout, combining charm with durability. First Floor Unit: This spacious unit offers a large bedroom, a comfortable living room, and a three-piece bathroom. The dining room flows seamlessly into the kitchen, which opens directly to a generously sized backyard—perfect for outdoor entertaining or relaxation. This unit also enjoys private access to the basement, where you’ll find laundry and building utilities, along with abundant storage space. Second Floor Unit: Bright and inviting, this unit boasts a well-sized bedroom with ample closet space and two large windows that flood the room with natural light. Just beyond the bedroom is a flexible living/dining area, large enough for both a living room set and dining table. A three-piece bathroom and a spacious kitchen with in-unit laundry complete this comfortable layout. Third Floor Unit: Recently updated, this unit showcases a modern kitchen with stainless steel appliances and in-unit laundry. Adjacent to the kitchen is a stylish three-piece bathroom, followed by a generously sized living room. The layout concludes with a large bedroom featuring a substantial closet for added storage. Located just steps from Capitolo Park, top-rated restaurants, local shops, supermarkets, and public transit, this triplex is perfectly positioned to enjoy all that Passyunk Square has to offer. A solid investment opportunity in one of Philadelphia’s most desirable neighborhoods.