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145
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Chris Roche
Pro Member
  • Rental Property Investor
  • North Weymouth, MA
44
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145
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Convert from electric to gas?

Chris Roche
Pro Member
  • Rental Property Investor
  • North Weymouth, MA
Posted Mar 6 2017, 07:30

I am wondering if it is worth converting my 2 family to gas.  It is currently electric and very high to heat and run appliances.  I house hacked and live in one half and rent the other.  Long term plan is to move out and have the entire home as a rental.

My electric bills for just my portion of the home is crazy high!  I would convert to two separate water heaters and furnaces for $25,000.  It is a lot of money but would cut my monthly bills substantially.  I don't pay the tenants utilities but I am wondering if gas utilities would make my home more desirable as well as being able to charge a bit more for rent.   

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