Fort Worth, TX 76116,7500 Chapin Road
Fort Worth, TX 76116,7500 Chapin Road
Fort Worth, TX 76116,7500 Chapin Road
20
See all 20 photos
$639,900
Est. payment /mo
8 Beds
8 Baths
0.28 Acres Lot
New

7500 Chapin Road Fort Worth, TX 76116

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Highland Homes Add

MLS Listing ID 21061223

Bedrooms 8

Full Baths 4

Half Baths 4

HOA Y/N None

Total Fin. Sqft 4298

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. Spacious living areas with a charming fireplace. Each unit has a private fence backyard courtyard with access to the carport parking spaces. Additional uncovered spots for guests. Several units have been updated over the last 7 years to include updated kitchens with granite counter tops, storage cabinets, and subway tile backsplash. Bathroom updates include new toilets, granite vanity tops, paint, and flooring. Further udpates include laminate flooring, new paint, newer fixtures, appliances, and more. No carpet! Convenient guest half bathroom downstairs, with washer dryer hookups in each unit. 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. Unit A and B with current tenants at $1200mo. Unit D is leased with move in date of 10.1 at $1295. Unit C being made ready and will be available to show! Showings may take place on Unit D through appointment on showingtime until 9.30, then unit C can be shown, 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 Ceiling Fan(s), Central Air, Electric

Flooring Laminate

Fireplaces Number 1

Fireplaces Type Brick

Appliance Dishwasher, Disposal, Electric Range, Refrigerator, Vented Exhaust Fan

Heat Source Central, Electric

Exterior

Exterior Feature Courtyard, Private Yard

Carport Spaces 6

Fence Fenced, Wood

Utilities Available City Sewer, City Water, Individual Water Meter

Roof Type Composition,Shingle

Total Parking Spaces 6

Garage No

Building

Story Two

Foundation Slab

Level or Stories Two

Structure Type Brick

Schools

Elementary Schools Waverlypar

Middle Schools Leonard

High Schools Westn Hill

School District Fort Worth Isd

Others

Ownership See Tax Record

Acceptable Financing 1031 Exchange, Cash, Conventional, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21061223


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Jenna Harris • The Sears Group

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Chelsie Synatschk

Chelsie Synatschk

Broker / Owner | License ID: 0650870

+1(817) 343-0169

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7500 Chapin Road