249 700, Salt Lake City, UT 84102
1BD/—BA Residential in Salt Lake City, UT 84102. 660 sqft. Built 1968. Listed at $248,000. MLS #2137265.
1BD/—BA Residential in Salt Lake City, UT 84102. 660 sqft. Built 1968. Listed at $248,000. MLS #2137265.
Enjoy city living at its best in this well-maintained top-floor unit in the heart of Salt Lake City. Just minutes from downtown shopping, the University of Utah, hospitals, restaurants, and TRAX, you'll enjoy the convenience and energy of city life with modern comfort at home. Inside, granite countertops, stainless steel appliances (including a gas stove), and hardwood floors create a sleek, move-in-ready space. The open living room welcomes natural light and flows seamlessly to a private balcony through a sliding glass door-perfect for relaxing or sipping morning coffee. This upper-level unit offers spacious and airy living, making it ideal for both owners and investors.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
SHAUGHNESSY
County
Salt Lake
Zoning
Single-Family, Multi-Family
Construction
Brick,Cedar
Lot Size
0.01 sq ft
Above Grade Area
660 sq ft
Condition
Blt./Standing
MLS #
2137265
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
SHAUGHNESSY
County
Salt Lake
Zoning
Single-Family, Multi-Family
Construction
Brick,Cedar
Lot Size
0.01 sq ft
Above Grade Area
660 sq ft
Condition
Blt./Standing
MLS #
2137265
List Price
$248,000
Original Price
$245,000
HOA Fees
$360 / Monthly
Annual Taxes
$1,330
Home Warranty
No
List Price
$248,000
Original Price
$245,000
HOA Fees
$360 / Monthly
Annual Taxes
$1,330
Home Warranty
No
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
None
Materials
Brick,Cedar
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
None
Materials
Brick,Cedar
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
Great Deal (vs Similar)
Deal Score
75/100
vs Similar Homes
11% below
vs Market Median
4% below
Area Growth (YoY)
-0.8%
Deal Score Breakdown
75/100 · 1 qualifying signal
Priced 11% below the median of similar listings
Priced 4% below the per-subtype city median
-0.8% year-over-year ZHVI growth in this area
LT net cashflow -$998/mo (-49.0% return on ownership cost) · STR net cashflow -$1,270/mo (-62.3% 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.
Why this classification
Monthly Rent
$1,181/mo
Range: $561 – $1,802
Net Monthly Cash Flow
−$998 /mo (−$11,980/yr)
Monthly rental income
Monthly ownership cost
Coverage
58%
Net /mo
−$998
DSCR
0.84
Est. Annual Revenue
$13,158/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$1,271 /mo (−$15,250/yr)
Monthly STR income
Monthly ownership cost
Coverage
54%
Net /mo
−$1,270
DSCR
0.62
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$570,000
-56% vs median
57 days
615
$184,000 – $7,995,000
$1,330
$360/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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