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Updated over 3 years ago on . Most recent reply

User Stats

7
Posts
2
Votes
Jonathan H.
  • Woodinville, WA
2
Votes |
7
Posts

Ideas to repurpose extra storage room in triplex?

Jonathan H.
  • Woodinville, WA
Posted

Hi all,

We are acquiring a triplex in Washington State which has an extra 20'x12' space. It has historically been used as a storage room for the owner, but we would like to repurpose this room in a way that increases NOI.

Unfortunately, local zoning rules do not allow for this to become a studio/fourth dwelling unit. It also cannot be leased out as a self storage space.

Do you have any other ideas for a value-adding use of this space?

Thanks.

Most Popular Reply

User Stats

81
Posts
45
Votes
Mike Carr
  • Investor
  • Newark, DE
45
Votes |
81
Posts
Mike Carr
  • Investor
  • Newark, DE
Replied

@Jonathan H. How about putting in coin/card operated washer and dryer machines? I believe you can go through a 3rd party company that services them as well.  Maybe throw in a small laundry soap vending machine...or even a food/soda vending machine. 

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