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Old 07-18-2009, 08:09 AM
 
92 posts, read 118,184 times
Reputation: 52

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My friend recently just inherited a duplex from his grandfather in Melrose who was owner occupying a unit and the other unit was vacant. Now both units are vacant and he is planning to rent both out to 3 roommates. They are both 3/1's with about 1400 sq ft each.

Obviously utility costs can vary based on the person in the unit but what is the average utility cost for this situation? My guess was about 7k a year, 100 per month per person.

The reason he wants to know this is to know if it is better to rent the units with utilities paid for at a certain price or w/o at another price...
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Old 07-18-2009, 08:13 AM
 
Location: Cape Cod
1,038 posts, read 3,828,646 times
Reputation: 438
Your best bet is to call the utility companies. They can give you the high, low and average over the course of a 12 month period.
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