Exactly as described. Needed no assembly, just unpack and put it in place. 
The only cons are that the paint was chipped in a few places, but not that noticeable. The underside of the shelf and drawers are not painted (mine is gray), which would really only be visible if you are lying on the ground looking up at it, so not an issue. The shelf height is not adjustable, & therefore lower shelf holds only smaller books (check measurements; they are exactly correct). 
Pros: no assembly, sturdy, deeper shelves than expected - holds a lot. It was exactly what I had in mind for the space.