Homes for sale - 5820 Reiger Avenue, Dallas, TX 75214

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$1,100,000

Est. payment - /mo

6,022 SqFt

Active

5820 Reiger Avenue Dallas, TX 75214

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Daniel Burke

homes@burkedfw.com +1(469) 305-0167

UPDATED:

11/02/2024 06:10 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 6,022 sqft

Price per Sqft $182

Subdivision Junius Heights

MLS Listing ID 20768746

HOA Y/N None

Total Fin. Sqft 6022

Year Built 1930

Lot Size 0.325 Acres

Acres 0.325

Property Description

Nestled in Old East Dallas, Barcelona consists of 8 units and is conveniently located near Downtown Dallas, Baylor University Medical Center and popular spots such as Deep Ellum and Lower Greenville. Property is currently 100% occupied with room to increase rents with additional updates. Unit mix is 7 one bedrooms and 1 studio, with units 1 and 5 having their own private patio and back units enjoying a large shared fenced backyard. Owner recently completed renovation work that includes new gas lines, highly efficient mini split AC units in 6 out of 8 units; partial updates to select bathrooms, new patio furniture, updated landscaping and more. Owner also installed a 30-year roof in 2017 with added insulation. Landlord covers utilities and bills back with a flat utility fee. When including all fees (pet, utility, CAM, trash and pest) plus base rent, rents for all 8 units averages $1,440, with rents ranging from $1,177 to $1,666. See Transaction Desk for the OM. Reach out to agent for financials including the Rent Roll.

Location

State TX

County Dallas

Direction Take Abrams down to Reiger and go East on Reiger. Property is on the corner of Reiger and Juliette Fowler St.

Interior

Interior Features Cable TV Available, Decorative Lighting, High Speed Internet Available

Heating Electric

Cooling Electric, Window Unit(s)

Flooring Luxury Vinyl Plank, Tile, Wood

Appliance Dishwasher, Disposal, Dryer, Gas Range, Refrigerator, Washer

Heat Source Electric

Exterior

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

Roof Type Shingle

Garage No

Building

Story Two

Foundation Pillar/Post/Pier

Level or Stories Two

Structure Type Brick,Wood

Schools

Elementary Schools Lipscomb

Middle Schools Long

High Schools Woodrow Wilson

School District Dallas Isd

Others

Ownership CPP 5X5 TRUST

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Esther Cho • GSFREA LLC

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Daniel Burke

Team Leader | License ID: 0671405

+1(469) 305-0167