This is a 6+2 bedroom, 6 bathroom, 5 unit multiplex house on a 29.5 x 114.13 foot lot with 3 parking spots at 273 Indian Road.

According to the listing, it makes an annual net income of $72,670.

I have no idea, but that seems like a lot. 

This house was listed at $1,499,000.

It sold in 5 days...

For $1,720,000.

So, at that price, does this makes sense to stay as a multiplex with $72k annual income?

Ummm... I guess it's possible this is going to have a huge renovation and addition like the house at 229 Wright Avenue...

That sold for $2,350,000....

But could that be done for $600,000!?!

I don't think so.

And at that price, it can't be a flip.

So, I have no idea what is going on here.

But clearly there was nowhere else to keep this gas tank...

With all those chairs on the deck...

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