I’ve got a 2 unit rental townhome, side by side, 5br 2ba each side built in 1910. This is a college campus area, so it’s usually full of 5-6 students.
As this is an old place, and I didn’t do a full gut job remodel, there is only ductwork going to 2/5 bedrooms, and the only return duct is on the main floor. There are no runs to the 3rd floor at all.
The market is changing, and students are starting to expect AC to their rentals, especially for 3rd floor converted attic spaces. To continue to charge a premium, or even to get the unit leased, I need to get some sort of AC through the house. Current rents are 1950/unit. I won’t see any rent increase from AC until aug2020 at the earliest and may only increase rent 100/unit.
On the advice of my HVAC guy (who I trust and always is very reasonably priced), he quoted out new supply and return ducts, plus adding the coil and 3 ton condensing unit. The ducting would have to be done while the unit is occupied, unfortunately, adding to the costs and at a hassle to current tenants. This would get heat and AC to each bedroom and living space all at a cost of... 5300/side for a total of 10600. I would also then need to switch out a major electric appliance on each side, since there is only 100amp service per unit. So I’m looking at 10600 + a gas range, and a gas h2o tank (that gives me 1 change / unit) So total cost is closer to 12k.
My other option is going with a 2 head mini split per unit. This would get heat and AC to the 2nd and 3rd floor, but not to each bedroom, and no AC to the main living space or kitchens. the air handler heads would most likely sit in a hallway. Mitsubishi splits run about 2500 for an 18k btu 2 head unit, and other brands could be had for closer to 1800. For info, the 3rd floor is ~400sf and 2nd floor is ~600sf.
I have not used mini splits at any property so I’m not super familiar with them. I can run the electrical and condensate lines, but I don’t know enough for the refrigerant. Is Mitsubishi the best value? Do off brands have more issues or require more maintenance? Would this be enough to cool off bedrooms with their doors closed?
I think the “right way” is to get central air and heat to each room, with correctly sized supply and return ducts. But 12k is a tough pill to swallow for not a great rental return. Mini splits, while more cost effective, wouldn’t give the best output, but may be enough to keep things comfortable.
Thoughts? Who has worked with mini splits, and how effective are they? If this was your rental, how would you proceed?
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