7504 Chapin RD, Fort Worth, TX 76116
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7504 Chapin RD, Fort Worth, TX 76116
7504 Chapin RD, Fort Worth, TX 76116
7504 Chapin RD, Fort Worth, TX 76116
7504 Chapin RD, Fort Worth, TX 76116
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$ 650,000
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7504 Chapin RD Fort Worth, TX 76116

8 Beds

8 Baths

4,298 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,298 sqft

Price per Sqft $151

Subdivision Highland Homes Add

MLS Listing ID 21389114

Bedrooms 8

Full Baths 4

Half Baths 4

Construction Status Resale

HOA Y/N No

Year Built 1984

Lot Size 0.284 Acres

Acres 0.284

Property Sub-Type Quadruplex

Property Description

Unlock the potential of this 4-unit income property located at 7504 Chapin Dr, Fort Worth, TX 76116. Currently operating at approximately 75% occupancy, this property presents an opportunity for an investor to acquire an income-producing asset with potential to increase revenue through improved occupancy and management.

The property features four individual units, offering the benefits of multifamily ownership while spreading rental income across multiple tenants. With three-quarters of the units currently occupied, an investor has an opportunity to stabilize the remaining vacancy and potentially enhance the property's overall cash flow.

Located in Fort Worth, the property provides convenient access to major roadways, employment centers, shopping, dining, and other area amenities. Whether you're looking to add to an existing rental portfolio or seeking a multifamily investment with additional upside, 7504 Chapin Dr offers a combination of current rental income and value-add potential.

Location

State TX

County Tarrant

Direction I-30 W, Take exit 7B for TX-183 toward TX-341,Take TX-183 S Alta Mere Dr, turn right on Chapin

Interior

Interior Features Other

Heating Electric

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Carpet, Tile, Vinyl

Fireplaces Number 1

Fireplaces Type Living Room, Wood Burning

Fireplace Yes

Appliance Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator

Exterior

Parking Features Alley Access, Carport

Carport Spaces 1

Pool None

Utilities Available Sewer Available, Water Available

Water Access Desc Public

Roof Type Composition

Total Parking Spaces 4

Garage No

Private Pool No

Building

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Construction Status Resale

Schools

Elementary Schools Luellamerr

Middle Schools Leonard

High Schools Westn Hill

School District Fort Worth Isd

Others

Tax ID 04813235

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21389114


Sharon Tanyi

Sharon Tanyi

Real Estate Professional

+1(972) 863-1909

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7504 Chapin RD