The property consists of five condominiums within a five unit HOA. (5 of 5) This condominium structure provides significant upside potential should the buyer wish to sell them individually shortly after closing, or at some point in the future. The "conversion" has already been done. Because the buyer will own 100% of the condominiums, it can be operated as an apartment building in the meantime. If the buyer prefers, the Seller will revoke the condominium association, and the property will be delivered to the buyer as an apartment building. Three of the five condominiums have seen significant improvement since original construction. See photos of each condominium. Fuor of the condominiums have large walk-inn storage closets at the 3rd level. See floor plans with Documents tab. The owner, property manager, and broker are Mastrocola Management, Inc. This is expected to result in a fast and efficient negotiation and closing process. For a larger acquisition from the same seller / broker, see 18 Suffolk Street, Chelsea, a three unit townhome property.