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1016 Federal StreetPhiladelphia, PA 19147

For Sale

$597,000

Smart Buyer Rebate $5,970

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.

Listed by Ricardo N Silva

·

License #RS296395

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Realty Mark Associates

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2153273156

Last updated September 06, 2025

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Source: BrightMLS #PAPH2529652

Listing Facts

  • TypeMulti-family
  • NeighborhoodPassyunk Square
  • Days on Prevu20
  • Taxes$7,150/year
  • Size1,812 sqft
  • Price per sqft$329

Location

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Listing History

09/06/2025
Price Decreased
$597,000
09/01/2025
Price Decreased
$598,000
08/29/2025
Price Decreased
$599,900
08/23/2025
Price Decreased
$599,998
08/20/2025
Listed by Realty Mark Associates
$599,999

Property Details for 1016 Federal Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 3
  • Year Built: 1915
  • Architectural Style: Other
  • Construction Materials: Masonry

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.02
  • Lot Size Dimensions: 16
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 915
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $7,150.00
  • Tax Year: 2025

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 1,812
  • Living Area Source: Assessor

Other

Features

  • Accessibility Features: Other

General

  • Exclusions: TENANT'S PROPERTIES

Location

  • Tax Lot: 168

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Window Unit(s)
  • Heating: Hot Water
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.