261 N Redwood Rd W Unit 1, Salt Lake City, UT 84116
- $1,500,000
- 4
- BD
- 4
- BA
- 2,800
- SqFt
- List Price
- $1,500,000
- Status
- ACTIVE
- MLS#
- 2172408
- Days on Market
- 10
- Year Built
- 1950
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,800
- Parcel Number
- 08-34-331-029
- Acres
- 0.94
- County
- Salt Lake
- Region
- Salt Lake City; Rose Park
Property Description
4 Plex + Land Great development opportunity. 0.94 Acres. The value of this property is in the land for developing new homes or apartments. There are two different entryways to the property, one off of Redwood Road and the other off of Gemini Street. Great investment for 26 or more New townhomes to be built. There is a four-plex on the front of the land that brings in a monthly cash flow of around $4,000. Bring your builder, great location close to Trax. Figures are provided as a courtesy estimate only; the Buyer is advised to obtain independent measurements. DO NOT DISTURB TENANTS!! Seller is participating in a 1031; cooperation is requested. Broker/Agent Owned
Additional Information
- Taxes
- $5,889
- School District
- Salt Lake
- Elementary School
- Meadowlark
- Middle School
- Northwest
- High School
- West
- Style
- Side By Side
- Living Area
- 2,800
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Listing courtesy of Red Butte Realty.
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