7504 Chapin Rd, Fort Worth, TX 76116

$650,000
8
BD
8
BA

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$650,000
Status
ACTIVE
MLS#
21389114
Bedrooms
8
Bathrooms
8
Lot Size
12,371

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.

Additional Information

Year Built
1984
Parking Spaces
4
Interior Features
Other
Roof
Composition
Appliances
Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator
School District
Fort Worth Isd
Elementary School
Luellamerr
High School
Westn Hill
Middle School
Leonard
Sewer
Public Sewer
Stories
2
Street Name
Chapin Rd
Street Number
7504
Water
Public
Acres
0.28
County
Tarrant
Foundation
Slab
Heating
Electric

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Ikay Aburime from Targetcost Realty. Contact: 972-504-8021

Listings 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.

Last updated: