Harbor Stone Advisors is pleased to present the unique opportunity to acquire Bank Street Apartments, a gut-renovated asset located in the Fells Point neighborhood of Baltimore City. The property is less than a 10-minute walk away from the main street in Fells Point, which is home to numerous restaurants, bars, and shops. Bank Street Apartments features 19 units with a mix of (10) Studios, (5) 1 Bedrooms, and (4) 2 Bedrooms. The property also has a secured garage with 8 spaces and a common laundry room. Current ownership completed a gut renovation of the property in 2014 which included unit updates. Typical unit features consist of stainless steel appliances, granite countertops, LVT flooring, and high-end finishes. Current ownership also updated all of the mechanical and electrical systems. The opportunity exists for a new owner to organically increase rents as similar properties nearby are achieving rents at least 15% higher on average. There is also an ability to add washer/dryers to the units and increase the parking rent, as secured parking is a highly sought after amenity of city living. Bank Street Apartments has pre-existing debt that can be assumed. The current loan balance is $2,128,680 with an interest rate of 4.01% and a maturity of December 2026.