NEW! Buy and sell safely with virtual options - Learn More
About the Listing MT100485 - 0789408
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. 10 units, 1,2, and 3 bedroom choices. 4 buildings for tenants and an extra building for storage! So much potential in one property in a high renter populated city. This is truly a special income property. 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.
Listing Highlights
Interior Details
- Bedrooms: 20
- Bathrooms: 10 Full / 2 Half
- Appliances: Dishwasher, Disposal, Vented Exhaust Fan
- Air Cond: Ceiling Fan(s),Central Air,Electric
- Heating: Central,Electric
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Built-in Features,Cable TV Available,Decorative Lighting
- Water:
Exterior Details
- Lot Description: .5 to < 1 Acre
- Garage Capacity: N/A
- Parking Spaces: 0
- Roof: Asphalt
- Others: Preowned
- Sewer:
- Parking Features: Additional Parking,Garage
Financial Details
- Tax Amount: $37,106
- Taxes w/Assessments: N/A
- Tax/Property ID: 32221500000470100
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
1516 W 7th St Irving, TX 75060
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
