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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Listing Snapshot
Price
$650,000
Days On Site
18 Days
Bedrooms
8
Inside Area (SqFt)
4,298 sqft
Total Baths
8
Full Baths
4
Partial Baths
4
Lot Size
0.284 Acres
Year Built
1984
MLS® Number
21389114
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
3 weeks ago
Listing updated with changes from the MLS®
3 weeks ago
Listing first seen on site
General Features
Acres
0.284
Carport
1
Foundation
Slab
Levels
Two
Parking
Alley AccessCarport
Parking Spaces
4
Property Sub Type
Quadruplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
4298
Water Source
Public
Interior Features
Appliances
DishwasherDisposalElectric RangeElectric Water HeaterRefrigerator
Cooling
Ceiling Fan(s)Central AirElectric
Fireplace
Yes
Fireplace Features
Living RoomWood Burning
Fireplaces
1
Flooring
CarpetTileVinyl
Heating
Electric
Interior
Other
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Exterior Features
Construction Details
Brick
Roof
Composition
Community Features
School District
Fort Worth ISD
Schools
School District
Fort Worth ISD
Elementary School
Luellamerr
Middle School
Leonard
High School
Westn Hill
Listing courtesy of Ikay Aburime of Targetcost Realty ikay@targetcosthomes.com
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