555 100, Salt Lake City, UT 84102
1BD/—BA Residential in Salt Lake City, UT 84102. 540 sqft. Built 1928. Listed at $295,000. MLS #2132271.
1BD/—BA Residential in Salt Lake City, UT 84102. 540 sqft. Built 1928. Listed at $295,000. MLS #2132271.
Welcome to The Armista! Listed on the National Registry of Historic Places, this gem of a building exudes charm and is incredibly convenient for downtown living. This true one-bedroom unit, located on the top floor, is well appointed with original hardwood floors, exposed brick walls, and is being offered fully furnished. It's move-in ready! You'll love the custom built-in cabinetry in the bedroom that maximizes the storage and use of the space. Located minutes to City Creek, the U of U, Oasis Cafe, HSL, Harmons, and Gourmandise, this condo is the perfect place for city living. One reserved parking space is included along with a storage locker in the basement. Top floor units do not come available often! Call today to set up a private tour of this charming unit. (All information provided as a courtesy and is deemed reliable, but is not guaranteed. Buyer and Buyer's Agent to verify all information.)
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
ARMISTA
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
540 sq ft
Condition
Blt./Standing
MLS #
2132271
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
ARMISTA
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
540 sq ft
Condition
Blt./Standing
MLS #
2132271
List Price
$295,000
Original Price
$315,000
HOA Fees
$250 / Monthly
Annual Taxes
$1,738
Home Warranty
No
List Price
$295,000
Original Price
$315,000
HOA Fees
$250 / Monthly
Annual Taxes
$1,738
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Composition
Flooring
Hardwood,Tile
Basement
None
Materials
Brick
Appliances
Microwave,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Composition
Flooring
Hardwood,Tile
Basement
None
Materials
Brick
Appliances
Microwave,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Covered Spaces
0
Total Parking
1
Covered Spaces
0
Total Parking
1
Why this is a deal
Classification
Standard
Deal Score
60/100
vs Similar Homes
8% above
vs Market Median
21% above
Price Reduced
6.3%
Area Growth (YoY)
-0.8%
Deal Score Breakdown
60/100 · 1 qualifying signal
6% price reduction from original list — seller may be motivated
Priced 8% above the median of similar listings
Priced 21% above the per-subtype city median
-0.8% year-over-year ZHVI growth in this area
LT net cashflow -$1,431/mo (-62.7% return on ownership cost) · STR net cashflow -$1,601/mo (-70.2% 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
$967/mo
Range: $459 – $1,474
Net Monthly Cash Flow
−$1,430 /mo (−$17,165/yr)
Monthly rental income
Monthly ownership cost
Coverage
42%
Net /mo
−$1,431
DSCR
0.57
Est. Annual Revenue
$11,665/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$1,600 /mo (−$19,204/yr)
Monthly STR income
Monthly ownership cost
Coverage
43%
Net /mo
−$1,601
DSCR
0.46
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$575,000
-49% vs median
55 days
621
$184,000 – $7,995,000
$1,738
$250/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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