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Rehabbing & House Flipping

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James Syed
Pro Member
  • Real Estate Broker
  • Mount Olive, IL
306
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1,146
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Seprate Utility Meters

James Syed
Pro Member
  • Real Estate Broker
  • Mount Olive, IL
Posted Nov 16 2014, 17:23

Hi BP,

I am interested in buying this commercial building that has 3 - one bedroom apartments, 1 - two bedroom apartment and 1 shop (previously a bar). 

I like to buy properties with utilities indivisibly metered. This property has  separate electric meters, however one gas and one water meter. 

Looking for some ideas / suggestions as to how much it will cost me to get the gas and water separately metered. I will be checking with the utility company soon to find out their cost. 

This is an old, all brick, 2 story building, needs a major rehab.

Any suggestions would be appreciated.

Decent Properties, LLC  Logo

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