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Updated about 10 years ago on . Most recent reply

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85
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23
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Aleksey Vinogradov
  • Belleville, NJ
23
Votes |
85
Posts

Coin-operated laundry station - Pros & Cons. Please share your experience!

Aleksey Vinogradov
  • Belleville, NJ
Posted

Hi everyone, 

I'm a beginner landlord in Essex county, NJ

Is there a sense to install coin-operated (or their contemporary counterparts) washer and dryer for a 4-unit property? How do I quantify that?

To have coin machines I need to install a dedicated water heater and get gas & electric bills on my name.. 

Does it worth the hassle?

There's an alternative to provide individual hookups for each tenant (actually 2 of them already installed), but water usage will be on me.  And as I install two more hookups water usage will inevitably go up so will my water bills.. 

Guys please advise, I'm really stuck.. 

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