Investment Analysis — 65 Woodlawn Avenue

The property is consists five condominiums within a five unit HOA. 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 property can be delivered to the buyer as an apartment building: at buyer's option, the Seller will revoke the HOA prior to closing. 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.