Home Details for 1516 W 7 Street

This multifamily property presents a compelling opportunity for investors seeking value-add potential in the Dallas-Fort Worth market. Serious Portfolio Value Add! this asset offers the ability to increase income through strategic improvements and rental adjustments. The property features multiple units with functional layouts and a location positioned within a strong rental corridor. Current operations provide a foundation for increased net operating income, with market data supporting higher rental rates in the area. Investors will appreciate the opportunity to enhance cash flow through: Rental rate optimization based on local comparables Interior and exterior updates Operational efficiencies This opportunity may be suitable for investors looking to expand or diversify a real estate portfolio within a high-demand region. Additional financials, rent roll, and property details available upon request. With its prime Irving location, strong tenant appeal, conveniently located between Dallas and Ft. Worth. With a solid 13.5 NOI, and a 4.9% cap rate, this property represents both stability and opportunity for investors.

• Cooling Information

  • Ceiling Fan(s)
  • Central Air
  • Electric

• Heating Information

  • Exhaust Fan
  • Central
  • Electric

• Parking

  • Additional Parking
  • Garage
  • Other

• Water Features

  • Public

• House Interior

  • Built-in Features

• Utilities

  • Cable Available