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Updated over 5 years ago,

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4,876
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Jaysen Medhurst
Pro Member
  • Rental Property Investor
  • Greenwich, CT
2,466
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4,876
Posts

Sub-metering Water in Connecticut

Jaysen Medhurst
Pro Member
  • Rental Property Investor
  • Greenwich, CT
Posted

Hi everyone, I'm looking at a 3-unit in New London. During due diligence I've discovered that the water/sewer costs average $180/month for the building. This sounds high to me. The town confirmed that there are usage spikes (2X) in the Summer, probably filling kiddie pools or similar. The town also said that the usage is nearly twice that of an identical property next door. My questions for the community:

  1. Do the costs sound out of line?
  2. Does anyone have experience with sub-metering water in CT? How did it go?
  3. Any other thoughts to bring down the costs? I'd like to cut them in 1/2 to better align with my pro forma and what appear to be local averages. 
  • Jaysen Medhurst
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