1216 WATERSIDE, Midvale, UT 84047
2BD/—BA Residential in Midvale, UT 84047. 824 sqft. Built 1985. Listed at $285,000. MLS #2164121.
2BD/—BA Residential in Midvale, UT 84047. 824 sqft. Built 1985. Listed at $285,000. MLS #2164121.
PARK LIKE SETTINGS! FULLY RENOVATED! Two bedrooms and two bathrooms condominium located in the heart of the highly desirable Fort Union area. Great location at an affordable price, why rent when you can buy! All new appliances are included, there is a swimming pool with spa, and a large size club house to gather for the holidays! Surrounded by two shopping centers that include Walmart target and home Depot, all at walking distance literally! Within distance of schools, Traxx, parks, restaurants, shopping centers, and commerce in general. Unit located in the lower level of the building. Square footage figures are provided as a courtesy estimate only and were obtained from the county records and the prior MLS report. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
WATERSIDE CONDMN
County
Salt Lake
Zoning
Multi-Family
Construction
Stone,Stucco
Lot Size
0.01 sq ft
Above Grade Area
824 sq ft
Condition
Blt./Standing
MLS #
2164121
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
WATERSIDE CONDMN
County
Salt Lake
Zoning
Multi-Family
Construction
Stone,Stucco
Lot Size
0.01 sq ft
Above Grade Area
824 sq ft
Condition
Blt./Standing
MLS #
2164121
List Price
$285,000
HOA Fees
$380 / Monthly
Annual Taxes
$1,450
Home Warranty
No
List Price
$285,000
HOA Fees
$380 / Monthly
Annual Taxes
$1,450
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Laminate,Linoleum,Tile
Basement
None
Materials
Stone,Stucco
Appliances
Portable Dishwasher,Dryer,Range Hood,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Laminate,Linoleum,Tile
Basement
None
Materials
Stone,Stucco
Appliances
Portable Dishwasher,Dryer,Range Hood,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Covered Spaces
1
Total Parking
1
Covered Spaces
1
Total Parking
1
Classification
Standard
Deal Score
30/100
vs Similar Homes
0% above
vs Market Median
1% above
Area Growth (YoY)
1.4%
Deal Score Breakdown
30/100
Priced 0% above the median of similar listings
Priced 1% above the per-subtype city median
1.4% year-over-year ZHVI growth in this area
LT net cashflow -$297/mo (-12.8% return on ownership cost) · STR net cashflow -$1,253/mo (-54.2% 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
$2,289/mo
Range: $1,992 – $2,585
Net Monthly Cash Flow
−$297 /mo (−$3,570/yr)
Monthly rental income
Monthly ownership cost
Coverage
99%
Net /mo
−$297
DSCR
1.41
Est. Annual Revenue
$18,149/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,253 /mo (−$15,037/yr)
Monthly STR income
Monthly ownership cost
Coverage
65%
Net /mo
−$1,253
DSCR
0.74
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$449,900
-37% vs median
48 days
99
$250,000 – $850,000
$1,450
$380/monthly
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