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261 N Redwood Rd W, Unit 1, Salt Lake City, UT 84116

$1,500,000
  • 261 N Redwood Rd W, Unit 1, Salt Lake City, UT 84116 Main Photo
Active
BEDS4 BATHS SQUARE FEET2,800 MLS#2172408
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLSalt Lake

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

261 N Redwood Rd W, Unit 1 | MLS# 2172408

This multi-family property located at 261 N Redwood Rd W, Unit 1, Salt Lake City, UT 84116 is currently listed for sale with an asking price of $1,500,000. N Redwood Rd W, Unit 1 is located within the Salt Lake school district. Search Salt Lake City real estate on lizlane.wardleyre.com today.

Property Features

Property Type: Multi Unit - Multiple
Home Style: Side By Side
Lot Size: 0.94 Acres
Taxes: $5,889
Year Built: 1950

Feature Descriptions

Days on Site: 10
Lot Dimensions: 0.0x0.0x0.0
Parcel#: 08-34-331-029
Units: 4

Local Schools

High School: West
Middle School: Northwest
Elementary School: Meadowlark
School District: Salt Lake

Listed By / Shown By

Listed By

Agency Name: Red Butte Realty
Agency Phone: 801-573-8264

Shown By

Agent Name: Elizabeth
Agent Phone: (702) 518-4540
Agency Title: Wardley Real Estate

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Estimated Payment

$ 6,657.23 per month $5,728.98 Principal & Interest $490.75 Property Tax $437.50 Homeowner's Insurance

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