508 Federal St

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.