4929 Reiger, Dallas, 75214, TX

$5,500,000

0 Bed
0 Bath
1 Acre
0 Garage

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.

Essential Information
MLS® #20567840
Price$5,500,000
Bathrooms0.00
Acres1.00
Year Built1962
TypeResidential Income
Sub-TypeApartment
StatusActive
Community Information
Address4929 Reiger
SubdivisionEast Dallas
CityDallas
CountyDallas
StateTX
Zip Code75214
Amenities
Parking Spaces24
Utilities

City Sewer, City Water, Electricity Connected, Master Gas Meter, Master Water Meter

Garages

Asphalt, Assigned, Covered, Electric Gate

Interior
HeatingOther
Interior Features

Cable TV Available, Eat-in Kitchen, High Speed Internet Available, Open Floorplan, Walk-In Closet(s)

Exterior
RoofComposition
ConstructionBrick, Wood
FoundationPillar/Post/Pier
School Information
DistrictDallas ISD
ElementaryLipscomb
MiddleLong
HighNorth Dallas
Listing Details
AgentMatthew Cassidy
OfficePerry Guest Company
Contact214-528-9250
LISTING MAP

Get directions to this property:

Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. Data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

Listing information last updated on April 30th, 2024 at 8:45am CDT.