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Existing Home
261 REDWOOD RD #1 , Salt Lake City, Salt Lake County, UT 84116

The Home

Status: Active / Style: Side By Side /

/SQF 1,700,000

EST. Mortgage

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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
MLS#: 2105973
Price Decreased From 2,000,000 To 1,700,000

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  • 40946.4 Lot Size Sq. Ft.
  • 2800 Finished Sq. Ft.
  • 4 Beds
  • 4 Baths
  • 1,700,000
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* Estimated Mortgage based on an average mortgage rate of 6.42 30 Year Fixed. This rate is offered with 20% down and a credit score of 740+ Taxes and Insurance not included.
Property Listed By Red Butte Realty
Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
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