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Updated over 1 year ago, 07/07/2023
Triplex Laundry Room -- Is it really worth it?
I just purchased a triplex in Phoenix, AZ and was recommended to install a laundry room on the property. I received a quote to construct a laundry room and the total bid was for approximately $8600. I'm not sure if it's really worth it, but wanted to get your thoughts? I was told that this will help raise rents to be more competitive vs. comps in the area. Anybody have any experience with adding a laundry room and is there any hidden costs / watch outs to be aware of?