1206 WATERSIDE, Cottonwood Heights, UT 84047
2BD/—BA Residential in Cottonwood Heights, UT 84047. 725 sqft. Built 1985. Listed at $285,000. MLS #2157797.
2BD/—BA Residential in Cottonwood Heights, UT 84047. 725 sqft. Built 1985. Listed at $285,000. MLS #2157797.
Welcome to easy Salt Lake City living. This recently updated 2-bedroom condo is move-in ready and perfectly located in the heart of the city, close to shopping, restaurants, freeway access, entertainment, and everything downtown Salt Lake has to offer. Inside, you'll find a clean, comfortable layout with fresh updates that make the home feel modern and inviting. Whether you're a first-time buyer, downsizing, or looking for a solid investment, this condo checks a lot of boxes. The community also offers great amenities, including a pool and additional shared spaces, giving you a low-maintenance lifestyle with extra perks right outside your door. If you've been looking for an updated condo in a convenient Salt Lake location, this is one you'll want to see. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
WATERSIDE CONDM
County
Salt Lake
Zoning
Multi-Family
Construction
Aluminum,Stone
Lot Size
0.01 sq ft
Above Grade Area
725 sq ft
Condition
Blt./Standing
MLS #
2157797
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
WATERSIDE CONDM
County
Salt Lake
Zoning
Multi-Family
Construction
Aluminum,Stone
Lot Size
0.01 sq ft
Above Grade Area
725 sq ft
Condition
Blt./Standing
MLS #
2157797
List Price
$285,000
HOA Fees
$308 / Monthly
Annual Taxes
$1,525
Home Warranty
No
List Price
$285,000
HOA Fees
$308 / Monthly
Annual Taxes
$1,525
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Laminate,Tile
Basement
None
Materials
Aluminum,Stone
Appliances
Microwave
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Laminate,Tile
Basement
None
Materials
Aluminum,Stone
Appliances
Microwave
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Covered Spaces
1
Total Parking
2
Covered Spaces
1
Total Parking
2
Classification
Standard
Deal Score
30/100
vs Similar Homes
6% above
vs Market Median
4% above
Area Growth (YoY)
1.5%
Deal Score Breakdown
30/100
Priced 4% above the per-subtype city median
1.5% year-over-year ZHVI growth in this area
Priced 6% above the median of similar listings
LT net cashflow -$1,292/mo (-57.8% return on ownership cost) · STR net cashflow -$1,231/mo (-55.1% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Monthly Rent
$1,072/mo
Range: $778 – $1,367
Net Monthly Cash Flow
−$1,292 /mo (−$15,507/yr)
Monthly rental income
Monthly ownership cost
Coverage
48%
Net /mo
−$1,292
DSCR
0.66
Est. Annual Revenue
$17,220/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,232 /mo (−$14,787/yr)
Monthly STR income
Monthly ownership cost
Coverage
64%
Net /mo
−$1,231
DSCR
0.71
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$800,000
-64% vs median
61 days
62
$259,900 – $7,999,999
$1,525
$308/monthly
Moderate
4.6
per 1,000
27.2
per 1,000
8.9
per 1,000
40.7
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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