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Updated over 6 years ago on . Most recent reply

User Stats

28
Posts
3
Votes
Medriand Arnold
  • Rental Property Investor
  • Greenville, SC
3
Votes |
28
Posts

Duplex on Concrete Slab, add HVAC or no?

Medriand Arnold
  • Rental Property Investor
  • Greenville, SC
Posted
Hello BP, I am currently looking at obtaining my first property. The property is a duplex I am still working on, but there was something that struck me. Both units have window unit A/C. The house has never had HVAC and is on a concrete slab. I was wondering would adding HVAC be worth it. The house is worth about 140k ARV and rents are 850 around it. Current rent is 650. Both units are 2/1. The property is in Upstate, SC. Any help would be wonderful. Thank you.

Most Popular Reply

User Stats

15
Posts
5
Votes
Laurie Clarkston
  • Rental Property Investor
  • Willow Springs, MO
5
Votes |
15
Posts
Laurie Clarkston
  • Rental Property Investor
  • Willow Springs, MO
Replied

I am renovating an old (church) building into 4 units - 2 up and 2 down.  I am installing HVAC into all 4 and the quotes I got for all units together was $18,500 - 20,000 ( or about $5000/unit including units and ductwork for 1300-1400 sf each)   They are running all of the ductwork through the rafters upstairs and in the basement apartments - I assume they will install in the ceiling somehow - They will not have to do anything to the slab (I know because I just spent a ton to replace the sewer line and put water, plumbing, and electric for the islands into the slab.)  So I don't know how the slab would adversely affect anything.

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