Monday, May 21, 2012

Mother-in-law Apartment

The basement has a legal apartment that can be rented out. Or it could be used for the extra living space, or even as a really nice place for your guests when they come to town. It is an R-1 residential property that has been grandfathered into existing code.

For the past 11 years we have had great tenants that are usually young married students. It has rented for $650/month, plus 35% of utilities. We've definitely had a lot of interest in that price. It could probably be rented for higher. But, we like having our choice of a lot of great people.

The apartment has it's own separate thermostat and furnace.

Below are pictures of the front room at different times. The above being the most recent, showing the new addition of recessed lighting.








The door on the right is a closet. The door on the left opens to the unfinished basement for extra storage and to access the shared laundry room.
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