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Updated about 7 years ago, 10/01/2017
Laundry Room Proceeds
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.