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Updated about 5 years ago on . Most recent reply

Connor Mullen's profile image
Connor Mullen's profile image
Connor Mullen
  • from Indianapolis
  • Member since Mar 20, 2019
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Connor Mullen's profile image
Connor Mullen's profile image
Connor Mullen
  • from Indianapolis
  • Member since Mar 20, 2019
Connect
Connor Mullen
  • Indianapolis
13
Votes |
52
Posts
Real Estate Deal Analysis & Advice

Coin operated laundry

Connor Mullen
  • Indianapolis
Posted

I'm making an offer on a fourplex in the next couple of days. There is a room on the first floor that is currently part of one of the units, that would be perfect for coin operated laundry room. I was curious what others found on how profitable these were. 

The electric is separately metered. So besides purchasing the machines, I will need to add another electrical box to the house since I can't bill the electricity to the one tenant.

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