$1,750,000

House for sale Chelsea
Property photo number 1 of 16 Photos for Property. File  105709621_29_dedeed8f856df9d15b2f9912a6c9c82a.jpeg

Overview

SUMMARY: Discover an opportunity with this Chelsea house for sale and available for $1,750,000. This could be your next ideal home or a smart investment. More details await.
The property consists 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. The best of both worlds. If the Buyer prefers, the HOA can be revoked prior to closing, and the property can 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. Four of the condominiums have large walk-in storage closets at the 3rd level. See floor plans with the Documents tab. This property has been owned, professionally managed, and maintained for more than forty years by Mastrocola Management. Inspect it. It will be obvious that it has been well cared for.
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Details

  • Beds: 9
  • Baths: 5
  • Price: $1,750,000
  • Reference No.: 96295151
  • Area: 4,357 sqft

Location

Marketed by:

  • Frank Mastrocola
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