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.