7504 Chapin Rd, Fort Worth, TX 76116
- $650,000
- 8
- BD
- 8
- BA
- List Price
- $650,000
- MLS#
- 21389114
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- ResidentialIncome
- Year Built
- 1984
- Construction Status
- Preowned
- Bedrooms
- 8
- Full Baths
- 4
- Half Baths
- 4
- Acres
- 0.28
- County
- Tarrant
- City
- Fort Worth
- Subdivision
- Highland Homes Add
- Building Name
- N/A
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.
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Additional Information
- Amenities
- Fireplace
- Lot Size
- 12,371
- Acres
- 0.28
- Interior Features
- Other
- Flooring
- Carpet, Tile, Vinyl
- Foundation
- Slab
- Roof
- Composition
- Stories
- 2
- Pool Features
- None
- Fireplaces
- 1
- Fireplace Type
- Living Room, Wood Burning
- Carport Spaces
- 1
- Parking Garage
- Alley Access, Carport
- School District
- Fort Worth Isd
- Elementary School
- Luellamerr
- Middle School
- Leonard
- High School
- Westn Hill
- Possession
- CloseOfEscrow
Mortgage Calculator
Listing courtesy of Ikay Aburime from Targetcost Realty. Contact: 972-504-8021
Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
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