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 Type :
Residential Income
Subdivision :
Bluebonnet Estates
County :
Dallas
Style :
Residential Income
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ByOwner last updated this listing 04/30/2024 @ 00:18
MLS: 437480060
LISTED BY: Matthew Cassidy, Perry Guest Company
SOURCE: NTREIS - North Texas Real Estate Information
Buyer Agency Compensation: 1.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
