7500 Chapin RD new Save Request In-Person Tour Request Virtual Tour
Fort Worth,TX 76116
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,298 sqft
Price per Sqft $148
Subdivision Highland Homes Add
MLS Listing ID 21061223
Bedrooms 2
Full Baths 1
Half Baths 1
HOA Y/N No
Year Built 1984
Annual Tax Amount $9,717
Lot Size 0.284 Acres
Acres 0.284
Property Sub-Type Quadruplex
Property Description
Prime Investment Opportunity in growing area of Ft Worth! Discover an exceptional income-producing property featuring four spacious 2-bedroom, 1.5-bathroom townhome-style units, each offering 1,075 square feet of comfortable living space across two stories. Strategically positioned just off Camp Bowie with access to major employers including Lockheed Martin and the Joint Reserve Base, plus convenient shopping, dining, and a quick commute to downtown Fort Worth. Each unit has a private fence backyard with access to the carport parking spaces for each unit. Additional uncovered spots for guests. Several units have been updated over the last 7 years to include laminate flooring, new paint, newer fixtures, granite countertops in kitchen and bathrooms, appliances, and more. Unit A and B with current tenants at $1200mo. Unit C being made ready and lease in place for $1295. Unit D is vacant for showings and made ready complete, will be listed for lease at market rents of $1395. Showings may take place on Unit D through appointment on showingtime, with all units available to show with an accepted offer. Photos are of unit D, with unit C identical in updates. Unit B is also updated. Unit A has a long term tenant with no updates under current ownership. Tenants pay own electric bills, bill back of $80 per unit for water and trash. New water heater Unit B - 09.10.2021, New Refrigerator Unit C - 09.20.2021, New AC Duct Unit D - 06.24.2022, All new fencing in July 2022, Roof 2017 or 2018.
Location
State TX
County Tarrant
Direction From 377 traffic circle, take chapin road. 1st 4plex on the corner of chapin and ramona.
Interior
Interior Features Built-in Features,Granite Counters
Heating Central,Electric
Cooling Central Air,Ceiling Fan(s),Electric
Flooring Laminate
Fireplaces Number 1
Fireplaces Type Masonry
Fireplace Yes
Appliance Dishwasher,Electric Range,Disposal,Refrigerator,Vented Exhaust Fan
Exterior
Exterior Feature Courtyard,Private Yard
Parking Features Additional Parking,Covered,Carport
Carport Spaces 6
Fence Fenced,Wood
Pool None
Utilities Available Sewer Available,Separate Meters,Water Available
Water Access Desc Public
Roof Type Composition,Shingle
Total Parking Spaces 8
Garage No
Building
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
Elementary Schools Waverlypar
Middle Schools Leonard
High Schools Westn Hill
School District Fort Worth Isd
Others
Senior Community No
Tax ID 04813243
Security Features Smoke Detector(s)