Harbor Stone Advisors is pleased to present 1303 N Charles, a gut-renovated multifamily asset located in Historic Mount Vernon. The property is located across the street from the University of Baltimore and is a half mile from the UMMC Midtown Campus. 1303 N Charles is also a 5-minute walk from Penn Station, which is undergoing $150 million worth of renovations over the next several years. The property features 5 units with a mix of (3) Studios, and (2) 1 Br-1 Ba, as well as (1) commercial space. The commercial space is leased to Elev8, a smoke shop, through May 2028. Current ownership completed a comprehensive gut renovation of the property in 2024, leaving minimal deferred maintenance for a new owner. Typical apartment unit features include black appliances, quartz countertops, wood cabinets, LVT flooring, and in-unit washer/dryers. The opportunity exists for a new owner to organically increase rents at 1303 N Charles, as they are currently under market. Properties of similar vintage that have undergone renovations of a comparable scope are achieving rents at least 10% higher on average than the Subject property. There is also an ability for a new owner to continue the implementation of a water reimbursement program to all units and increase the monthly amounts.