1259 SOUTH TEMPLE, Salt Lake City, UT 84102
1BD/—BA Residential in Salt Lake City, UT 84102. 1,077 sqft. Built 1925. Listed at $370,000. MLS #2125659.
1BD/—BA Residential in Salt Lake City, UT 84102. 1,077 sqft. Built 1925. Listed at $370,000. MLS #2125659.
Discover this inviting 1 bedroom, 1 bath condo located in a beautifully preserved building close to the U of U and downtown SLC. This residence features elegant ornamental ceilings, wood floors, and large windows that bring in the natural light. The floor plan offers comfortable living spaces with classic architectural details throughout. Enjoy the convenience of nearby shops, restaurants, public transit, and campus access, all while living in one of SLC's most charming neighborhoods. Perfect for students, professionals, or anyone that appreciates historic character and urban convenience. Square footage figures are provided as a courtesy estimate only and were obtained from MLS. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
SOMERSET GARDEN
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
1,077 sq ft
Condition
Blt./Standing
MLS #
2125659
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
SOMERSET GARDEN
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
1,077 sq ft
Condition
Blt./Standing
MLS #
2125659
List Price
$370,000
Original Price
$434,000
HOA Fees
$573 / Monthly
Annual Taxes
$1,438
Home Warranty
No
List Price
$370,000
Original Price
$434,000
HOA Fees
$573 / Monthly
Annual Taxes
$1,438
Home Warranty
No
Heating
Hot Water
Cooling
Window Unit(s)
Roof
Asphalt
Flooring
Hardwood,Tile
Basement
None
Materials
Brick
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Hot Water
Cooling
Window Unit(s)
Roof
Asphalt
Flooring
Hardwood,Tile
Basement
None
Materials
Brick
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
1
Total Parking
1
Covered Spaces
1
Total Parking
1
Why this is a deal
Classification
Motivated SellerDeal Score
83/100
vs Similar Homes
26% above
vs Market Median
9% below
Price Reduced
14.8%
Area Growth (YoY)
-0.3%
Deal Score Breakdown
83/100 · 2 qualifying signals
15% price reduction from original list — seller may be motivated
Priced 9% below the per-subtype city median
Priced 26% above the median of similar listings
-0.3% year-over-year ZHVI growth in this area
LT net cashflow -$1,182/mo (-39.0% return on ownership cost) · STR net cashflow -$2,000/mo (-66.0% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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.
Why this classification
Monthly Rent
$2,100/mo
Range: $1,002 – $3,199
Net Monthly Cash Flow
−$1,182 /mo (−$14,183/yr)
Monthly rental income
Monthly ownership cost
Coverage
69%
Net /mo
−$1,182
DSCR
1.00
Est. Annual Revenue
$17,652/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$2,000 /mo (−$23,999/yr)
Monthly STR income
Monthly ownership cost
Coverage
49%
Net /mo
−$2,000
DSCR
0.56
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$570,000
-35% vs median
57 days
615
$184,000 – $7,995,000
$1,438
$573/monthly
High Crime
28.7
per 1,000
83.9
per 1,000
34.5
per 1,000
147.1
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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