Coin-Operated Laundry in Multi-Family Units

[Ryan Moore]

I've heard of coin-operated laundry facilities in multifamilies.... but I've always assumed the washer/dryer is located in a common area. Does anyone actually place coin-operated appliances within each unit?

[Kelly N.]

The guy we rented a single family house from while in college had a coin operated washer in the basement for us to use.  We were paying all the utilities, so we went and bought a used washer for $50 and moved the coin op one to the side.  He was pretty ticked about this...  Then we sold the washer to the incoming tenants when we were moving out :)

I have one set of coin operated machines in in the common area of a multifamily house, if they break I am just going to replace them with regular machines and increase rents a little to cover it when the leases renew since they will use it more if they don't have to pay for it.