222-224 Lake AvenueManchester, NH 03103Sale Price: $500,000

INVESTORS TAKE NOTE !!! MONEY MAKING 8-FAMILY consisting of a 6-unit and additional 2-family on the same lot. All spacious 2 Bedroom units with tenants paying all SEPARATE Utilities ( Natural gas heat & hot water). New rubber roofs on both buildings. Easy walking distance to all that Downtown Manchester has to offer. This is a "VALUE ADD" property and some improvements will certainly & easily increase Income Potential. Current GROSS $75,540.00 with $14,424.00 expenses ( Includes taxes). SOLID NET $61,116.00. CERTAINLY NOT "TRUMP TOWERS" BUT ALWAYS EASILY RENTED and fills a much needed gap in AFFORDABLE HOUSING. We've managed this CASH COW for years !!!