Homes for sale - 7500 Chapin RD, Fort Worth, TX 76116

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Anel Perales

anel@peraleshomes.com +1(254) 644-5508

$ 639,900

Est. payment | -/mo

2 Beds

2 Baths

4,298 SqFt

Save

$ 639,900

Est. payment | -/mo

Save

2 Beds

2 Baths

4,298 SqFt

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)

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(254) 644-5508

anel@peraleshomes.com

7500 Chapin RD Fort Worth, TX 76116