Red Butte Realty
Description
4 Great Land development opportunity.( There is an income-producing 4-plex on the property) 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 Apartments or 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.
Address
Open on Google Maps- Address 261 N REDWOOD RD,
- City Salt Lake City,
- Zip/Postal Code 84116
- Area US,
Details
Updated on 2026/01/01 22:47:41 pm- Property ID: 2115048
- Price: $1700000
- Property Size: Sq Ft
- Year Built:
- Property Type: Residential
- Property Status: Active
- Style:
Additional details
- Brokerage Commission:
- Zoning: RMF-35
- Total Bathrooms:
- Lot Size In Acres: 0.94
- Total Bedrooms:
- Equipment:
School Details
- Elementary School : Meadowlark
- Elementary School District : Salt Lake
- High School : West
- High School District : Salt Lake
- Middle School : Northwest
- Middle School District: Salt Lake
Mortgage Calculator
- Principal & Interest $4,849.00
- Property Tax $250.00
- Home Insurance $83.33
- PMI $1,000.00
