Active
4929 Reiger
Dallas TX, 75214
$5,500,000
$183.66 per sqft
Active
29,946 sqft
Condo
Built in 1962
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.
20567840
MLSⓇ ID
May 9, 2024
Updated
Map
4929 Reiger
Dallas TX, 75214
Interior Features
Total Stories
2
Interior Features
Eat-in Kitchen, High Speed Internet, Open Floorplan, Cable TV, Walk-In Closet(s)
Appliances
Dishwasher, Electric Range, Disposal, Refrigerator, Vented Exhaust Fan
Floor Description
Laminate
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Ceiling Fan(s), Other
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
1 Acres
Roof
Composition
Sewer
Public Sewer
School Information
School District
Dallas ISD
High School
North Dallas
Elementary School
Lipscomb
Other Property Details
Garage
No
Parking
Assigned, Asphalt, Covered, Electric Gate
Parking Total
24
View
No
County
Dallas
Water Source
Public
Pool
No
Buyer Agency Compensation
1.5%
Listed by Matthew Cassidy with Perry Guest Company
Listing Contact: 214-528-9250
The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 5/9/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
©2024 North Texas Real Estate Information Systems, Inc. all rights reserved.
Data last updated on 5/9/2024 at 3:55 PM UTC