HVAC Systems & Multi-Families
Multi-family properties that are on single HVAC system present a incredible cost savings opportunity as a landlord. On a single HVAC system typically the landlord is responsible for the gas/oil heat. That can run anywhere from $300 to $500 a month for a duplex. Replacing an old HVAC system and splitting typically runs $10 to $15k. That means in two to three years the new HVAC system will have completely paid for itself, you'll experience a cost savings for every year after, and you no longer have the headache of managing more bills.
-Mike from TerraVestra Property Management