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$2,875,000
24 Days On Site

1121 WALNUT STREET
PHILADELPHIA, PA19107

For Sale|Townhouse|Active
6
Beds
0
Total Baths
6,076
SqFt
$473
/SqFt
1900
Built
County:
PHILADELPHIA
Listing courtesy of Compass Pennsylvania, LLC
Call Now: 443.632.3000
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443.632.3000
1121 WALNUT STREET1121 WALNUT STREET1121 WALNUT STREET1121 WALNUT STREET
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Monthly Payment (Est.)

$13,117
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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

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Listing Snapshot
Price 
$2,875,000
Days On Site 
24 Days
Bedrooms 
6
Inside Area (SqFt) 
6,076 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.06 Acres
Year Built 
1900
MLS® Number 
PAPH2559208
Status 
Active
Property Tax 
$19,955
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
3 weeks agoStatus changed to Active
3 weeks agoListing updated with changes from the MLS®
3 weeks agoListing first seen on site
General Features
Acres 
0.06
Foundation 
StoneOther
Number Of Stories 
4
Parking 
Off StreetOn Street
Property Sub Type 
Townhouse
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
6076
SqFt Total 
6076
Style 
Traditional
Water Source 
Public
Zoning 
CMX5
Interior Features
Appliances 
Gas Water Heater
Cooling 
Central AirElectric
Electric 
200+ Amp Service
Fireplace 
Yes
Fireplaces 
2
Heating 
Natural GasCentral
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Exterior Features
Pool Features 
None
Community Features
MLS Area 
19107 (19107)
School District 
PHILADELPHIA CITY
Schools
School District
PHILADELPHIA CITY
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Compass Pennsylvania, LLC



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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