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Updated about 2 years ago,
Renting out basement space to tenants for storage
Hello,
We are closing on a duplex in St. Paul, MN next month. The basement is pretty large and unfinished, I plan to put in laundry down there for the tenants but will still have plenty of additional space. I was thinking about sectioning off two areas (one for each unit) and offer additional storage space for a fee to each unit since there is not a lot of storage in the units themselves and there is no garage either. Has anyone had experience with this and how much you charge?
Thank you
We are closing on a duplex in St. Paul, MN next month. The basement is pretty large and unfinished, I plan to put in laundry down there for the tenants but will still have plenty of additional space. I was thinking about sectioning off two areas (one for each unit) and offer additional storage space for a fee to each unit since there is not a lot of storage in the units themselves and there is no garage either. Has anyone had experience with this and how much you charge?
Thank you