Midfield Realty is pleased to announce the successful sale of a 20-unit multifamily property located on Madison Street in Mt. Vernon. The property was sold for an impressive $129,850 per door, highlighting its exceptional value and the strong demand in the current real estate market.
Situated on Madison Street, the property is nestled in Mt. Vernon, a neighborhood renowned for its historic charm and sophistication. Known for its stately mansions from Baltimore’s 19th-century industrial era, Mt. Vernon also offers a vibrant mix of museums, boutiques, restaurants, and boutique hotels, making it a highly desirable location.
The transaction was marked by a high level of interest, with the owner receiving numerous offers. This competitive environment underscores the property’s appeal and the overall strength of the Mt. Vernon real estate market. The final sale price reflects both the property’s prime location and the dynamic market conditions.
With the multifamily sector in Mt. Vernon continuing to experience growth due to increasing rental demand and ongoing development, Midfield Realty’s successful handling of this sale demonstrates their expertise in managing competitive real estate transactions. The firm is committed to continuing to uncover and capitalize on valuable opportunities in the evolving market.
For more details on Midfield Realty’s latest projects and property listings, please visit Midfield Realty’s website or contact their office directly. www.midfieldre.com
Mendel Dalfin
Director
Phone 410-916-9256
mendel@midfieldre.com
Yaakov Kanevsky
Managing Director
Phone: (410)-492-5408
yaakov@midfieldre.com
