Adding A Launrdy Room To A 4-plex

I spoke to a contractor about adding a laundry room onto my 4-unit building. He claims he can do the work of building the structure, electrical and plumbing for $1800, and another $1400 for equipment. It sounds too good to be true to me, but he assures me his numbers are correct.

He also says his laundry facilities bring in $200-$300 per month in revenue. Does this sound right? Although it is a large 4-unit (12 bedrooms and 7 baths), that sounds high to me.

What does your experience say? Thanks. Joe cool grin cool grin

Comments(1)

  • ELOCK15th November, 2003

    1400 bucks for equipment must be used and well used at that.
    But to answer is it a money maker?
    Everyone likes clean closes [sorry terrible speller]My family of four goes through 8 loads of laundry aweek easy.
    Do the math.

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