Next Level Realty

7504 Chapin Road

Fort Worth, TX 76116

MLS#: 21389114

$650,000

Status: Active
Listing number: 21389114
Listing provided by: Targetcost Realty
Listing agent phone: None
Last update: N/A
New on site 3 days ago
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Highland Homes Add - Residential Income

Property

Beds

8

Full Baths

4

1/2 Baths

4

Year Built

1984

Sq.Footage

4,298

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.

Features & Amenities

Interior

  • Other Interior Features

    Other

  • Total Bedrooms

    8

  • Bathrooms

    4

  • 1/2 Bathrooms

    4

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Central Air, Electric

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Alley Access, Carport

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.284

  • Lot Size(square feet)

    12,371

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

Price

  • Sales Price

    $650,000

  • Sq. Footage

    4,298

  • Price/SqFt

    $151

HOA

  • Association

    No

School District

  • Elementary School

    Luellamerr

  • Middle School

    Leonard

  • High School

    Westn Hill

Property Features

  • Foundation Details

    Slab

  • Sewer

    Public Sewer

  • Tax Lot

    18A

  • Water Source

    Public

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Location

County

Tarrant

Elementary School

Luellamerr

Middle School

Leonard

High School

Westn Hill

Listing Courtesy of Ikay Aburime, Targetcost Realty

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Agent Joe Boston

AGENT

Joe Boston

Call Joe today to schedule a private showing.

(817) 881-7100

joesrentalprops@gmail.com


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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.

7504 Chapin Road

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