5200-5210 Reiger Ave Dallas, TX 75214

Listing details for 5200-5210 Reiger Ave, Dallas, TX 75214 : Located in Munger Place Historic District, one of the most desirable historic neighborhoods in East Dallas, this offering presents a rare opportunity to acquire four contiguous properties spanning an entire city block—totaling over 50,000 square feet of land. The portfolio consists of four buildings currently operating as a rooming house with 50 rooms, with an on-site manager in place. Current rents range from $550–$650 per month, providing immediate in-place income with operational upside. This is a highly flexible investment with multiple exit strategies in a high-demand submarket. *This is being sold AS-IS *Properties cannot be torn down, they are contributing to the neighborhood *Renovation-Redevelopment available that contributes to neighborhood