7500 Chapin Road, Fort Worth, TX

$639,900

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8

Beds

4.4

Baths

0.28

Acres

About 7500 Chapin Road

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.

Features of 7500 Chapin Road

MLS® # 21061223
Price $639,900
Bedrooms 8
Bathrooms 4.40
Full Baths 4
Half Baths 4
Acres 0.28
Year Built 1984
Type Residential Income
Sub-Type Quadruplex
Status Active

Community Information

Address 7500 Chapin Road
Subdivision Highland Homes Add
City Fort Worth
County Tarrant
State TX
Zip Code 76116-7767

Amenities

Utilities City Sewer, City Water, Individual Water Meter
Parking Spaces 8
Garages Additional Parking, Carport, Covered
Is Waterfront No
Has Pool No

Interior

Interior Features Built-in Features, Granite Counters
Heating Central, Electric
Fireplace Yes
# of Fireplaces 1
Fireplaces Brick

Exterior

Exterior Features Courtyard, Private Yard
Roof Composition, Shingle
Construction Brick
Foundation Slab

School Information

District Fort Worth ISD
Elementary Waverlypar
Middle Leonard
High Westn Hill

Financial Information

HOA None
Tax Unexempt $9,717

Listing Details

AgentJenna Harris
OfficeThe Sears Group
Contact Info713-357-0068

Listing Map

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