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Updated over 6 years ago on . Most recent reply

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Bowman Klinkenberg
  • Rental Property Investor
  • Minneapolis, MN
9
Votes |
21
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Shared laundry but without "common area" meter

Bowman Klinkenberg
  • Rental Property Investor
  • Minneapolis, MN
Posted

I recently purchased a duplex with separate electric + gas metering for each unit. I'd like to add shared laundry in the basement, but don't have a third "common" meter for either of those utilities, so I'd have to hook up gas + electric from one of the two units to accomplish this.

Since the gas and electric are separately metered for each unit, I'd prefer for tenants to pay for those utilities directly and this is common for my area, but have concerns that one unit would pay extra in utility cost for the shared laundry while the other unit got it for "free."

Do you have suggestions on how to handle this? I might consider a specific credit or just adjust the rent for that unit accordingly and inform the future tenant that their utility bills would also reflect the laundry. Both units are currently vacant, so I have flexibility to include this in new leases however I need to.

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696
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660
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Richard Sherman
  • Rental Property Investor
  • Salem, OR
660
Votes |
696
Posts
Richard Sherman
  • Rental Property Investor
  • Salem, OR
Replied

@Bowman Klinkenberg Do you believe that you would get a rent bump that would make this the best use of the capital?  100% I would NOT do it off just one side, the renter probably would have recourse there or you would have to disclose it and I imagine none of us want to pay for our neighbor's laundry (let alone their family and friends or whatever.)

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2,086
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2,139
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Andrew B.
  • Rockaway, NJ
2,139
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2,086
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Andrew B.
  • Rockaway, NJ
Replied

You can add a meter for each utility, or can add two of each machine and give each side their own.

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