875 GREGSON, Millcreek, UT 84106
4BD/—BA Residential in Millcreek, UT 84106. 1,568 sqft. Built 1937. Listed at $610,000. MLS #2158288.
4BD/—BA Residential in Millcreek, UT 84106. 1,568 sqft. Built 1937. Listed at $610,000. MLS #2158288.
Great home with full mother in law apartment in the basement in the Millcreek/South Salt Lake area. 4 bedroom 2 bathroom, full apartment in basement with separate entrance. Fenced back yard, older garage on site that is 12x30. Awesome location that has easy access to everything in the area. New flooring, paint, kitchen and associated appliances, New washers and dryers, countertops, cabinets, too much to list. Was used as duplex for years and is a perfect setup to purchase live in one unit and rent out the other. Was involved in a fire and all of interior has been replaced at the home. Work required permits and full inspections by the cities and all the utilities and no issues were identified. All new appliances and systems are included in the sale. Please feel free to ask questions or schedule a showing. It is currently occupied by one set of tenants scheduled to leave at the end of May. Please do not disturb. We will coordinate showings with them Square footage figures are provided as a courtesy estimate only and were obtained from ______________ . Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
PLAT A
County
Salt Lake
Zoning
Single-Family
Construction
Asphalt
Lot Size
0.14 sq ft
Above Grade Area
784 sq ft
Condition
Blt./Standing
MLS #
2158288
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
PLAT A
County
Salt Lake
Zoning
Single-Family
Construction
Asphalt
Lot Size
0.14 sq ft
Above Grade Area
784 sq ft
Condition
Blt./Standing
MLS #
2158288
List Price
$610,000
Original Price
$615,000
Annual Taxes
$3,176
Home Warranty
No
List Price
$610,000
Original Price
$615,000
Annual Taxes
$3,176
Home Warranty
No
Heating
Forced Air
Cooling
Natural Ventilation
Roof
Asphalt
Basement
Entrance,Full
Materials
Asphalt
Appliances
Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air
Cooling
Natural Ventilation
Roof
Asphalt
Basement
Entrance,Full
Materials
Asphalt
Appliances
Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
1
Covered Spaces
2
Total Parking
5
Garage Spaces
1
Covered Spaces
2
Total Parking
5
Classification
Standard
Deal Score
50/100
vs Similar Homes
5% below
vs Market Median
0% above
Price Reduced
0.8%
Area Growth (YoY)
0.5%
Deal Score Breakdown
50/100
Priced 5% below the median of similar listings
Priced 0% above the per-subtype city median
1% price reduction from original list — seller may be motivated
LT net cashflow -$799/mo (-19.2% return on ownership cost) · STR net cashflow -$1,960/mo (-47.2% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
0.5% year-over-year ZHVI growth in this area
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
$3,811/mo
Range: $3,158 – $4,464
Net Monthly Cash Flow
−$799 /mo (−$9,586/yr)
Monthly rental income
Monthly ownership cost
Coverage
92%
Net /mo
−$799
DSCR
1.09
Est. Annual Revenue
$37,596/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$1,961 /mo (−$23,530/yr)
Monthly STR income
Monthly ownership cost
Coverage
75%
Net /mo
−$1,960
DSCR
0.71
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$635,000
-4% vs median
45 days
125
$214,000 – $4,695,000
$3,176
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Daryn Edmunds - High Road Properties

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Devin Tanner - Utah Realtor
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