$5,500,000
Active
57 Days Online
0 Beds0 Baths29,946 SQFT
Active

4929 Reiger Dallas, TX 75214

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Introducing THE CAROLINA at 4929 REIGER AVENUE, DALLAS, TX 75214 This 38-unit multifamily property is in the sought-after East Dallas market. Renovated in 2015-2017, the two-story brick building offers a mix of studios, one, and two-bedroom apartments equipped with modern features like recessed lighting, stainless steel appliances, laminate wood flooring, and several units have in-unit laundry options. Situated on 1.0 acre of land, the property has gated parking with covered options. With a prime location providing convenient access to Dallas, this turnkey investment opportunity is complemented by a recent chiller system replacement in the past 2 years. This property offers great value-add potential through increasing rental income. THE CAROLINA is offered at price point under what it would cost to build today at only $183 a foot. Perfect opportunity for an investor seeking strong rental demand or looking for a strategic location.

  • Property TypeMulti-Family
  • NeighborhoodEast Dallas
  • CountyDallas
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site57 Days
  • MLS StatusActive
  • MLS ID Number20567840
  • Home Size Source Assessor
  • Year Built1962
  • Lot Size0.9995 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Brick
  • Parking AsphaltAssignedCoveredElectric Gate
  • Number of Stories 2
  • Acreage 0.9995
  • Property Sub Type Apartment
  • Utilities Electricity Connected
  • Foundation Pillar/ Post/ Pier
  • Listing Conditions Standard

Interior Features

  • Cooling Ceiling Fan(s)Central AirOther
  • Heating Other
  • Appliances DishwasherDisposalElectric RangeRefrigeratorVented Exhaust Fan
  • Flooring Laminate
  • Interior Cable TV AvailableEat-in KitchenHigh Speed Internet AvailableOpen FloorplanWalk-In Closet(s)

Exterior Features

  • Roof Composition
  • Waterfront Property No

Schools

School District
Unknown
Elementary School
Lipscomb
Middle School
Long
High School
North Dallas

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Monthly Payment (Est.)

$29,332
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