1130 2700, Salt Lake City, UT 84106
2BD/—BA Residential in Salt Lake City, UT 84106. 1,175 sqft. Built 1964. Listed at $340,000. MLS #2132219.
2BD/—BA Residential in Salt Lake City, UT 84106. 1,175 sqft. Built 1964. Listed at $340,000. MLS #2132219.
One of the nation's earliest cooperative communities, Graystone Condominiums sits in the middle of Sugarhouse within walking distance to shops and restaurants. This unit maintains midcentury charm with built-in wood shelving and large windows for ample natural light and views of the tranquil, landscaped greenspace. New Heating/AC Unit (2023), vinyl flooring, carpet, fridge, and oven (2021). Condo to be sold "as is". Square footage figures are provided as a courtesy estimate only and were obtained from County Records. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
GRAYSTONE
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
1,175 sq ft
Condition
Blt./Standing
MLS #
2132219
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
GRAYSTONE
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
1,175 sq ft
Condition
Blt./Standing
MLS #
2132219
List Price
$340,000
Original Price
$352,000
HOA Fees
$255 / Monthly
Annual Taxes
$1,051
Home Warranty
No
List Price
$340,000
Original Price
$352,000
HOA Fees
$255 / Monthly
Annual Taxes
$1,051
Home Warranty
No
Heating
Electric,Forced Air,Heat Pump
Cooling
Central Air
Flooring
Carpet,Tile,Vinyl
Basement
None
Materials
Brick
Appliances
Dryer,Microwave,Washer
Laundry
Electric Dryer Hookup
Sewer
Sewer: Connected
Heating
Electric,Forced Air,Heat Pump
Cooling
Central Air
Flooring
Carpet,Tile,Vinyl
Basement
None
Materials
Brick
Appliances
Dryer,Microwave,Washer
Laundry
Electric Dryer Hookup
Sewer
Sewer: Connected
Covered Spaces
0
Total Parking
1
Covered Spaces
0
Total Parking
1
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
75/100
vs Similar Homes
14% below
vs Market Median
1% above
Price Reduced
3.4%
Area Growth (YoY)
0.9%
Deal Score Breakdown
75/100 · 1 qualifying signal
Priced 14% below the median of similar listings
3% price reduction from original list — seller may be motivated
Priced 1% above the per-subtype city median
LT net cashflow -$336/mo (-13.3% return on ownership cost) · STR net cashflow -$1,085/mo (-43.1% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
0.9% 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.
Why this classification
Monthly Rent
$2,479/mo
Range: $1,889 – $3,069
Net Monthly Cash Flow
−$335 /mo (−$4,019/yr)
Monthly rental income
Monthly ownership cost
Coverage
99%
Net /mo
−$336
DSCR
1.27
Est. Annual Revenue
$24,541/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$1,086 /mo (−$13,030/yr)
Monthly STR income
Monthly ownership cost
Coverage
81%
Net /mo
−$1,085
DSCR
0.83
Elementary
Nibley ParkMiddle School
Nibley ParkHigh School
HighlandSchool District
Salt Lake
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$570,000
-40% vs median
56 days
618
$184,000 – $7,995,000
$1,051
$255/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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