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Updated about 1 year ago, 12/26/2023

User Stats

182
Posts
63
Votes
Aaron Hale
  • Rental Property Investor
  • Santa Rosa Beach, FL
63
Votes |
182
Posts

Power/water for triplex common areas?

Aaron Hale
  • Rental Property Investor
  • Santa Rosa Beach, FL
Posted

Hey BP,

I’m closing on a triplex in Akron soon, our first multi-family, and was wondering how utilities for shared/common areas were handled. I’m sure for commercial apartments, there is a separate electrical box paid by the landlord. What about smaller properties?

I’m considering putting in coin-op laundry units in the basement and wondering who pays for the water and electricity? Should it be separated Do others just leave it connected to one unit? Maybe offer a rent discount for that unit’s usage?

Thanks.  

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