Are you ready for your new project? Welcome to 1816 Catharine Street, a classic 3-story, 5-bedroom, 1.5-bath townhome with a traditional red-brick façade, timeless curb appeal, and original details throughout. RM1 Zoning also allows for a duplex conversion by right. Nestled on a picturesque, tree-lined block in the heart of Graduate Hospital, this home offers the perfect blend of location, layout, and long-term potential. Step inside to a spacious, combined living and dining area, ideal for entertaining or everyday comfort. The rear kitchen offers an opportunity to create a modern eat-in space with direct access to a private backyard. Upstairs, you'll find five bright bedrooms with closet space, original hardwood floors, and a full bathroom on the second floor. The full, unfinished basement adds additional value, featuring a conveniently placed half bath, laundry area, and plenty of room for storage, a workshop, or future finished living space. Full renovation is needed, so wether you’re an investor or a homeowner ready to make your mark, this home is a blank canvas awaiting your vision. With a Walk Score of 95, you're steps from Catharine Park, a quick stroll to Rittenhouse Square, and surrounded by beloved neighborhood spots like Ultimo Coffee, Fitzwater Street Bagels, Café Ynez, and Loco Pez. Multiple grocery stores, public transit options, and quick commutes to Penn, CHOP, and Center City only add to the appeal. Original charm, unbeatable location, and endless potential, 1816 Catharine Street is a rare opportunity in one of Philadelphia’s most desirable neighborhoods. Property is being sold in as-is condition.