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Buying & Selling Real Estate

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Peter Paxos
  • Investor
  • Bayside, NY
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23
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Laundry Room Proceeds

Peter Paxos
  • Investor
  • Bayside, NY
Posted Oct 1 2017, 17:09
Hi BP family....... I'm looking at a 5-unit property in upstate New York. The seller claims they are getting $3,600 annual income from the coin-op laundry. Does this seems reasonable? How can I verify the claim ? What expenses are associated with operating the coin-op laundry? Thank you for your kind advice and assistance. Peter.

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