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4929 Reiger

Dallas, TX 75214
  • $5,500,000
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: 20567840
$5,500,000
  • 0
    BEDS
  • 1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1962
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Matthew Cassidy of Perry Guest Company: 214-528-9250.

Description

Introducing THE CAROLINA at 4929 REIGER AVENUE, DALLAS, TX 75214This 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.

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© 2024 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Ford Realtors. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Team Ford Realtors are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-04-20T15:27:59.983.
www.teamforddfw.com/homes/148820687
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4929 Reiger Dallas, TX 75214

  • Price: $5,500,000
  • Status: Active
  • On Site: 29 Days
  • MLS #: 20567840
0
Beds
0
Baths
0
½ Baths
1
Acres
1962
Built
Neighborhood:
East Dallas
County:
Dallas
Area:
Dallas
Elementary School:
Lipscomb
High School:
North Dallas
School District:
Dallas ISD
Property Description
Introducing THE CAROLINA at 4929 REIGER AVENUE, DALLAS, TX 75214This 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.
Exterior Features

Construction BrickWood Foundation Pillar/Post/Pier Parking Or Garage AsphaltAssignedCoveredElectric Gate Parking Spaces 24 Pool On Property No Roof Composition

Interior Features

Appliances DishwasherDisposalElectric RangeRefrigeratorVented Exhaust Fan Cooling Ceiling Fan(s)Central AirOther Flooring Laminate Handicap YN No Heating Other Interior Features Cable TV AvailableEat-in KitchenHigh Speed Internet AvailableOpen FloorplanWalk-In Closet(s)

Property Features

Building Area Source Assessor Building Area Total 29946.00 Complex Name The Carolina Construction Status Preowned Gross Annual Expenses 0.00 Gross Annual Income 0.00 HOA None Insurance Expense 0 Levels Two List MLSProvider Metrotex Association Of Realtors Municipal Utility District No Net Operation Income 0 Possession Closing/Funding Property Type Apartment Utilities City SewerCity WaterElectricity ConnectedMaster Gas MeterMaster Water Meter Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2024 North Texas Real Estate Information System.


© 2024 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Ford Realtors. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Team Ford Realtors are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-04-20T15:27:59.983.
 
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Team Ford Realtors
700 Central Exp, Suite 400
Allen TX, 75013
Offered by Matthew Cassidy of Perry Guest Company: 214-528-9250.