261 N REDWOOD RD W #1 new

Salt Lake City,UT 84116

$ 2000000

4 Beds

4 Baths

2800 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,800 sqft

Price per Sqft $714

MLS Listing ID 2105973

Style Side By Side

Bedrooms 4

Year Built 1950

Annual Tax Amount $5,889

Lot Size 0.940 Acres

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

Exterior

View Y/N No

Building

New Construction No

Schools

Elementary Schools Meadowlark

Middle Schools Northwest

High Schools West

School District Salt Lake

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