Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated about 1 year ago on . Most recent reply

Duplex - Mixed Water Heater and Heating Systems
Hello!
I currently own a Duplex which I have had for almost 2 years now. It has come to my attention that apartment A has a much higher electric and gas bill than apartment B. Unit A also has far less tenants than Unit B. Upon further investigations I have discovered that Unit A is taking on the entire water heater bill, due to there only being one water heater for both apartments. In addition, several of the radiators which are located in Unit B are controlled by the regulators in Unit A and only heat Unit A after Unit B is completely heated up. Is there any way this can be fixed? Has anyone run into a similar situation before?
My first initial thought is getting a 2nd water heater and having it plumbed to be for Unit B, so those are separate. The current setup is that each Tenant Unit A and B are responsible for their own gas/electric accounts and I pay the quarterly water bill.
Thank you for any advice.
Most Popular Reply

Hi,
I have the exact same situation. As far the cost, you should pay that yourself as owner and charge a rent that "includes utilities." So my current tenants do not pay utilities, but rent is priced accordingly.
Regarding the heaters, I have same issue and unless you separate, which can be costly, I don't have a good solution. I just ensure my first floor tenants keep the thermostat at 68 degrees from 6am to 11pm and 65 degrees 11pm to 6am (NJ Law). If upstairs tenant complains, I ensure the thermostat is set accordingly. If others have better solutions, would be great to hear.
Thanks,
Pat