1121 Walnut St 5 Unit Apartment Building $2,875,000 ($575,000/Unit) 6.74% Cap Rate Philadelphia, PA 19107

Prime Multi-Residence Investment in the Heart of Midtown Philadelphia – 1121 Walnut Street
An extraordinary investment opportunity at 1121 Walnut Street, a fully occupied and impeccably renovated multi-residence with two 2-bedrooms, two baths, and 2 1-bedrooms, one bath, as well as a retail space property situated in the vibrant core of Midtown Philadelphia. Nestled within one of the city’s fastest-growing districts, this premier CMX5-zoned asset places you at the crossroads of luxury development, world-class hospitality, major medical institutions, and the bustling Convention Center.
This dynamic mixed-use property blends modern residential living with established commercial tenancy, featuring four recently reimagined apartments above a flagship restaurant that anchors the ground floor. Together, they deliver a diversified, dependable, and high-yielding income stream. With a cap rate exceeding 7%, this turnkey property provides immediate returns while maintaining significant long-term upside through its CMX5 zoning potential—offering avenues for vertical expansion, repositioning, or full-scale redevelopment or simply high yield returns established.
Investment Highlights
Turnkey Performance: 100% occupancy with stable, long-term tenants
Diversified Income: Balanced mix of residential and commercial for security and growth
Modern Appeal: Professionally renovated, stylish apartments with strong rental demand
Future-Proof Zoning: CMX5 designation opens doors to expansion and redevelopment
Unbeatable Location: Walkable to premier dining, retail, cultural institutions, transit, and arts venues, Jefferson Hospital & Convention Center
Robust Yield: Cap rate above 7% ensures both cash flow and appreciation potential
Owner Financing Available: Flexible terms create an exceptional advantage
Property lot size 21 X 133 or 2.793 sf
Whether you’re a seasoned investor seeking a secure, income-generating asset or a visionary buyer ready to capitalize on Midtown’s explosive momentum, 1121 Walnut Street stands as a rare opportunity to anchor yourself in Philadelphia’s thriving urban renaissance. This isn’t just an acquisition—it’s a strategic foothold in the city’s most exciting corridor of growth. See attached brochure for details...