555 100, Salt Lake City, UT 84102
1BD/—BA Residential in Salt Lake City, UT 84102. 550 sqft. Built 1928. Listed at $325,000. MLS #2146552.
1BD/—BA Residential in Salt Lake City, UT 84102. 550 sqft. Built 1928. Listed at $325,000. MLS #2146552.
GRAND OPENING | OPEN HOUSE | APRIL 4 | 12:00 - 2:00 PM | Charming condo located in the historic Armista building just minutes from downtown Salt Lake City. This bright and inviting unit features high ceilings, large windows, and an open layout that maximizes natural light. Beautiful hardwood and tile flooring throughout. Recently remodeled kitchen and fully updated bathroom offer modern finishes while maintaining classic character. Designated parking space included. Enjoy walkable access to restaurants, parks, galleries, and downtown amenities with quick access to the University of Utah, Red Butte Garden, and nearby trails. Building offers on-site laundry plus in-unit hookups.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
ARMISTA CONDO
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
550 sq ft
Condition
Blt./Standing
MLS #
2146552
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
ARMISTA CONDO
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
550 sq ft
Condition
Blt./Standing
MLS #
2146552
List Price
$325,000
HOA Fees
$225 / Monthly
Annual Taxes
$1,303
Home Warranty
No
List Price
$325,000
HOA Fees
$225 / Monthly
Annual Taxes
$1,303
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Composition
Flooring
Hardwood,Tile
Basement
None
Materials
Brick
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Composition
Flooring
Hardwood,Tile
Basement
None
Materials
Brick
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
0
Total Parking
1
Covered Spaces
0
Total Parking
1
Classification
Standard
Deal Score
10/100
vs Similar Homes
15% above
vs Market Median
35% above
Area Growth (YoY)
-0.8%
Deal Score Breakdown
10/100
Priced 15% above the median of similar listings
Priced 35% above the per-subtype city median
-0.8% year-over-year ZHVI growth in this area
LT net cashflow -$1,546/mo (-64.1% return on ownership cost) · STR net cashflow -$1,724/mo (-71.5% 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.
Monthly Rent
$985/mo
Range: $468 – $1,502
Net Monthly Cash Flow
−$1,545 /mo (−$18,540/yr)
Monthly rental income
Monthly ownership cost
Coverage
41%
Net /mo
−$1,546
DSCR
0.53
Est. Annual Revenue
$11,794/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$1,725 /mo (−$20,702/yr)
Monthly STR income
Monthly ownership cost
Coverage
41%
Net /mo
−$1,724
DSCR
0.42
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$575,000
-43% vs median
55 days
621
$184,000 – $7,995,000
$1,303
$225/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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