If you value a PREMIUM location, SPACIOUSNESS galore and VERSATILE design, you'll want to see 1714 Federal Street. Just 2 short blocks south of Washington Avenue in red-hot Newbold/Point Breeze, immediate access to Route 2 and 17 bus lines, and 3 blocks to Broad Street Subway. Less than one mile to Rittenhouse Square and Schuylkill Trail. This large home, 8 years young and occupied by the original owners, boasts a full 2,700 square feet of above ground interior living space on a huge 16' x 72' lot. A full 2/3rds of this block features new and/or revitalized homes. Just a few paces from the popular top 5 American Sardine Bar as well as many other local dining amenities. Enter a living room that can accommodate all manner of furnishings and layouts. Gleaming hardwood floors. Next is your formal dining area, followed by a huge chef's eat-in kitchen with breakfast bar and room for additional dining furniture. Cabinets and storage galore. A powder room and oversized coat/utility closet are on this level. You'll never run out of space. The sunny fenced rear patio is a full 18' deep with an alcove for utility storage. Second level includes 2 super spacious bedrooms, one with walk-in closet, a large laundry room, full bath with whirlpool tub and a separate room that owners use as an office nook but could also double as an additional storage space. 3rd floor features the master bedroom and a 2nd large bedroom, each with private full bath. Perfect in-law quarters in the rear bedroom. Step out onto the unique covered patio with excellent views of the Center City skyline. All 3 living levels have 10 FOOT ceilings. Your full basement is 2/3 fully finished plus two separate utility/work/storage rooms with direct access to the outside. Priced to beat much smaller similar homes in less prominent locations. Please be sure to schedule this lovingly kept owner-occupied home on your next showing.