Posted by kac2010 on September 22, 2008 at 15:59:41:
I’m considering buying a 4 plex that has a gas furnace that needs replacing. The units are about 850 sq ft. Has anyone had any experiance with replacing a furnace for a 4 ple and what is the cost?
Posted by JT-IN on September 23, 2008 at 06:31:25:
The actual cost of replacement is minor. Equipment cost is low, depending on the BTU rating… but say 1K, give or take. Labor of about 500 bucks…
What I might consider is conversion to an electric baseboard source that the tenant would pay the cost for heating. Obviously this is NOT the cost effective today, but is in the long run by a long shot. Of course w/o knowing the set-up and how difficult it would be to supply the electric to the hearing units, it is hard to say how feasible the conversion might be.
What is the gas bill now to heat the 4 plex…? How large is the electrical service panel…?