One feature many people look for, when renting an apartment, condominium, or house, is whether it includes in-unit laundry. Having this convenience is important, especially to fit with the busy schedules of individuals, couples and families. People do not want to have to take time away from their day to go sit in a Laundromat or shared laundry room to wash and dry their clothes. In fact, they are willing to pay more in rent, each month, just to have access to an in-unit laundry and are more likely to renew their leases.
It is worth the investment to offer an in-unit laundry, because it helps keep your occupancy rates higher, allows you to charge higher rent, and earns you additional revenues, which translates into increased profits. You have several options for adding in-unit laundry to your rental units and homes when they do not have existing washer and dryer connections. In addition, there are solutions available in cases where you have a limited amount of space, like installing a stacked washer and dryer.
With a stacked washer and dryer, the only type of connection required is access to hot and cold water lines, a discharge drain and 220volt electricity. Installing this plumbing is not that expensive, as existing lines are able to be tapped into, and do not require running all new pipes. Additionally, thanks to modern technologies, the dryer incorporates ventless drying. This means you do not have to worry about spending money to install dryer vents in your rental units and homes.