261 N REDWOOD RD W #1, Salt Lake City, UT 84116
261 N REDWOOD RD W #1, Salt Lake City, UT 84116
261 N REDWOOD RD W #1, Salt Lake City, UT 84116
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$1,500,000
Est. payment /mo
4 Beds
4 Baths
2,800 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,800 sqft

Price per Sqft $535

MLS Listing ID 2172408

Style Side By Side

Bedrooms 4

Construction Status Blt./Standing

HOA Y/N No

Year Built 1950

Annual Tax Amount $5,889

Lot Size 0.940 Acres

Acres 0.94

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Quadruplex

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

Location

State UT

County Salt Lake

Area Salt Lake City; Rose Park

Interior

Fireplace false

Exterior

View Y/N No

Present Use Residential

Private Pool false

Building

Faces East

Architectural Style Side By Side

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Meadowlark

Middle Schools Northwest

High Schools West

School District Salt Lake

Others

Senior Community No

Tax ID 08-34-331-029

Ownership Agent Owned

Horse Property No


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Listed by Red Butte Realty

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1931 S 1100 E #200, Salt Lake City, UT 84106, United States
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261 N REDWOOD RD W #1