261 N REDWOOD RD #1

Salt Lake City, UT 84116

About This Property

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

Property Details

MLS #

2105973

Property Type

Residential

Sub Type

Quadruplex

County

Salt Lake

Year Built

1950

Living Area

2,800 sqft

Lot Size

0.9400 acres

Bedrooms

4

Garage Spaces

0.00

HOA

$0/mo

Tax Amount

$5,889/yr