5820 Reiger Avenue

Dallas, TX 75214

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.

Listing courtesy of Esther Cho of GSFREA LLC 2146057280



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data Last Updated: 2024-10-15 02:30 PM CDT