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Updated over 1 year ago, 07/07/2023

User Stats

14
Posts
4
Votes
Brian M.
Pro Member
  • Rental Property Investor
  • Tokyo, Japan
4
Votes |
14
Posts

Triplex Laundry Room -- Is it really worth it?

Brian M.
Pro Member
  • Rental Property Investor
  • Tokyo, Japan
Posted

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?

  • Brian M.
  • Loading replies...