About 4929 Reiger
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.
Features of 4929 Reiger
| MLS® # | 20567840 |
|---|---|
| Price | $5,500,000 |
| Bathrooms | 0.00 |
| Acres | 1.00 |
| Year Built | 1962 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
Community Information
| Address | 4929 Reiger |
|---|---|
| Subdivision | East Dallas |
| City | Dallas |
| County | Dallas |
| State | TX |
| Zip Code | 75214 |
Amenities
| Utilities | City Sewer, City Water, Electricity Connected, Master Gas Meter, Master Water Meter |
|---|---|
| Parking Spaces | 24 |
| Garages | Asphalt, Assigned, Covered, Electric Gate |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Cable TV Available, Eat-in Kitchen, High Speed Internet Available, Open Floorplan, Walk-In Closet(s) |
|---|---|
| Heating | Other |
| Fireplace | No |
Exterior
| Roof | Composition |
|---|---|
| Construction | Brick, Wood |
| Foundation | Pillar/Post/Pier |
School Information
| District | Dallas ISD |
|---|---|
| Elementary | Lipscomb |
| Middle | Long |
| High | North Dallas |
Financial Information
| HOA | None |
|---|
Listing Details
| Agent | Matthew Cassidy |
|---|---|
| Office | Perry Guest Company |
| Contact Info | 214-528-9250 |