508 FEDERAL STREET, Philadelphia, PA 19147

$520,000 Asking Price

5 beds
2 baths
1,818  sqft
Built in 1915

Welcome to this remarkable South Philadelphia home, currently set up to accommodate flexible living arrangements. This three-story property features an adaptable layout with two distinct spaces: a first-floor configuration with one bedroom, full bath, private backyard, and basement access, plus a spacious bi-level upper area offering four bedrooms, kitchen, and convenient laundry facilities. Situated in a coveted location across from an elementary school and steps from a vibrant shopping plaza, this home enjoys prime proximity to the historic Italian Market, Bella Vista, and Society Hill neighborhoods. Recent renovations enhance its modern appeal while preserving classic Philadelphia character. Currently zoned RM1 for single-family use, this property's versatile layout provides options for multigenerational living or potential conversion to multi-family use, subject to proper zoning approvals. Buyers must independently verify zoning requirements and obtain necessary permits for intended use.

Features & Amenities

Interior

General:
2nd Kitchen,Bathroom - Stall Shower,Bathroom - Tub Shower,Breakfast Area,Combination Kitchen/Dining,Family Room Off Kitchen,Kitchen - Eat-In,Wood Floors
Appliances:
Refrigerator,Oven/Range - Gas
Basement:
Unfinished
A/C:
None
Heating:
Y, Radiator, Natural Gas
Disability Feature:
None

Exterior

General:
Above Grade,Below Grade
Style:
Traditional

Construction

General:
Masonry, 3, Concrete Perimeter

Location

Originating MLS:
BRIGHT_MAIN
School District:
THE SCHOOL DISTRICT OF PHILADELPHIA
County:
PHILADELPHIA

Lot

Zoning:
RSA5, 021261700
Current Use:
O50

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN

This listing courtesy of:
Keller Williams Real Estate-Blue Bell, Zachary A Behr

About Philadelphia, PA

Housing

Number of Units
705,993
Median Home Value
$212,331
Median Rent
$993

47.83% of housing units are renter occupied.

9.77% are vacant.

Commute

Car
48.32%
Public Transportation
19.12%
Walk to Work
6.40%
Work from Home
23.29%
Other
1.20%

The median travel time to work is 28 minutes.

People

Population
1,564,304
Median Age
36.10
Median Household Size
2.55

Education

High School
31.51%
Associate’s Degree
5.70%
Bachelor’s Degree
18.90%
Graduate Degree
14.16%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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