919 FEDERAL ST Philadelphia, PA 19147

This large duplex is a no-brainer for investors and owner-occupants alike. The ideal South Philly location makes it super rentable, with the potential to fancy it up and increase the rents; live in one unit while tenants help pay down the mortgage; or even convert it to a grand single-family home overlooking the park. The first-floor unit has lovely original details, private access to the large rear yard, and a large basement with utilities, storage and laundry. The spacious bilevel unit upstairs has long-term tenants who pay $1,400/month. The apartments share a pretty tiled vestibule, and the first-floor unit has double glass doors (that have been blacked out for privacy), a quirky reminder of a past life as an office space. The main living area in this former owners' unit is wide open with large windows, high ceilings, original hardwood floors, a decorative arch and open U-shaped kitchen. The kitchen features cool gray countertops and storage space galore in flat-front white cabinets, double-basin stainless steel sink and room for a dining area?or keep it casual with just a breakfast bar. Original glass-paneled French doors, with leaded glass arched transom overhead, lead to the spacious bedroom. The industrial-cool bathroom has exposed brick accents, a whirlpool tub, contemporary white vanity and jalousie window. The second-floor unit has its own collection of lovely original details, like hardwood floors with decorative inlaid border, leaded glass transom windows over the interior doors and a Juliet balcony with New Orleans-style wrought iron railing overlooking Capitolo Park. Enter into a great kitchen space with a mix of marble and butcherblock countertops, open shelving and wood cabinets accented by a pretty Mediterranean-style backsplash. The living room is huge and flooded with light, plus dual coat closets offer bonus storage. There's a rear bedroom on this level as well as the bathroom with retro-cool black-and-white tile wall and shower surround with built-in linen storage. On the top floor are two more bedrooms that could be connected or blocked off (as they are currently) for a roommate situation, and last but certainly not least, direct access to the roofdeck with skyline views. This property is perfectly situated between the Italian Market and East Passyunk neighborhoods, so there's no shortage of restaurants, bars and shops within just a couple blocks; the subway is a straight shot over to Broad St and there are multiple bus lines nearby.