1121 WALNUT ST Philadelphia, PA 19107
UPDATED:
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 6,076 sqft
Price per Sqft $473
MLS Listing ID PAPH2559208
Style Traditional
Abv Grd Liv Area 6,076
Year Built 1900
Available Date 2025-11-20
Annual Tax Amount $19,955
Tax Year 2025
Lot Size 2,793 Sqft
Acres 0.06
Lot Dimensions 21.00 x 133.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
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
Location
State PA
County Philadelphia
Area 19107 (19107)
Zoning CMX5
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Fireplaces Number 2
Fireplace Y
Heat Source Natural Gas
Exterior
Water Access N
Accessibility Other, Other Bath Mod, Mobility Improvements, Level Entry - Main, 2+ Access Exits
Garage N
Building
Foundation Stone, Other
Above Ground Finished SqFt 6076
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871011000
Ownership Fee Simple
SqFt Source 6076
Acceptable Financing Cash, Conventional, Exchange, Private
Listing Terms Cash, Conventional, Exchange, Private
Financing Cash,Conventional,Exchange,Private
Special Listing Condition Standard
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