7504 Chapin Road, Fort Worth, Texas, 76116

Listed by Targetcost Realty, Ikay Aburime, 469-438-4502
$650,000
4,298 Sqft
0.28 Acres
8 bd
6 ba
#21389114
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.

PROPERTY FEATURES

  • 4 Unit(s)
  • Utilities : Alley,City Sewer,City Water
  • Parking Features: Alley Access,Carport
  • 4 Parking Space(s)
  • 1 Carport Spaces
  • Lot Features : Composition
  • Cooling: Ceiling Fan(s),Central Air,Electric
  • Heating : Electric
  • Construction Materials: Brick,Siding
  • Foundation Details: Slab
  • Fireplaces Number : 1
  • Fireplace Features: Living Room,Wood Burning
  • Appliances : Dishwasher,Disposal,Electric Range,Electric Water Heater,Refrigerator
  • Flooring : Carpet,Tile,Vinyl
  • Levels : Two
  • Green Verification Count : 0
  • Title Company Preferred: Providence Title - Tonya
PROPERTY DETAILS
ID: 21389114
Status: Active
Price: $650,000
Acres: 0.28 Acres
Price Per Acre: $2,288,732
Type: Multi-family
Address: 7504 Chapin Road
City, State: Fort Worth, Texas
County: Tarrant
Zip Code: 76116
Lat/Long: 32.71653, -97.4456
Presented By: Ikay Aburime
Phone: 469-438-4502
Email: Click to Contact