Property
Beds
6
Full Baths
None
1/2 Baths
None
Year Built
1900
Sq.Footage
6,076
An extraordinary investment opportunity awaits at 1121 Walnut Street—an impeccably renovated, fully occupied mixed-use property in the vibrant heart of Midtown Philadelphia. This premier CMX5-zoned asset features two 2-bed/2-bath residences, two 1-bed/1-bath residences, and a stabilized retail space, all situated within one of the city’s fastest-growing districts. Surrounded by luxury development, world-class hospitality, major medical institutions, and the bustling Convention Center, the property occupies a prime position at the center of Philadelphia’s continued urban renaissance. Designed for both immediate performance and long-term potential, this dynamic building blends modern residential living with established commercial tenancy. Four stylish, professionally reimagined apartments rise above a flagship restaurant tenant anchoring the ground floor, creating a balanced and dependable income stream. With a cap rate above 7% and full occupancy, the property offers turnkey stability alongside impressive upside through its CMX5 zoning—accommodating future vertical expansion, repositioning, or complete redevelopment. Investment advantages include the security of long-term tenants, the strength of diversified residential and commercial income, the appeal of newly renovated units with strong rental demand, and the rare flexibility afforded by CMX5 designation. Its unbeatable location—steps from premier dining, retail, cultural institutions, arts venues, multiple transit lines, Jefferson Hospital, and the Convention Center—positions this asset at the epicenter of convenience and continued appreciation. Owner financing is also available, offering an exceptional advantage for qualified buyers. Whether you are a seasoned investor seeking reliable, high-yield performance or a visionary buyer looking to capitalize on Midtown’s explosive momentum, 1121 Walnut Street represents a rare opportunity to anchor yourself in Philadelphia’s most exciting corridor of growth. This offering is more than an acquisition—it is a strategic foothold in the city’s next era of transformation. Review attached Pro Forma provided for financial details
Features & Amenities
Interior
-
Total Bedrooms
6
-
Bathrooms
N/A
-
Above Grade Finished Area
6076.0
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Natural Gas, Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Off Street, On Street
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.06
-
Property Type
Residential Income
-
Property Sub Type
Townhouse
-
Architectural Style
Traditional
Price
-
Sales Price
$2,875,000
-
Tax Amount
19955.0
-
Sq. Footage
6, 076
-
Price/SqFt
$473
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
4
-
Foundation Details
Stone, Other
-
Sewer
Public Sewer
-
Tax Lot
15
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Bruno R. R Pouget , Compass Pennsylvania, LLC
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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