48 BROADWAY, Salt Lake City, UT 84101
1BD/—BA Residential in Salt Lake City, UT 84101. 1,337 sqft. Built 1983. Listed at $475,000. MLS #2149238.
1BD/—BA Residential in Salt Lake City, UT 84101. 1,337 sqft. Built 1983. Listed at $475,000. MLS #2149238.
Meticulously painted condo in American Towers, ideally located in the heart of downtown Salt Lake City-just steps from everything the city has to offer, including shopping, coffee shops and restaurants. Enjoy convenient freeway access and a quick 30 minute drive to world-class ski resorts. This bright home features a beautifully updated kitchen with newer finishes and sleek quartz countertops. Large, expansive windows fill both the living area and primary suite with natural light. A versatile flex room offers the perfect space for a home office or guest accommodations. The layout also includes a guest bathroom and a separate laundry room with ample storage. This unit also comes with one secure, covered parking space.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; High Rise
Stories
1
Subdivision
AMERICAN TOWERS
County
Salt Lake
Zoning
Single-Family
Construction
Concrete
Lot Size
0.01 sq ft
Above Grade Area
1,337 sq ft
Condition
Blt./Standing
MLS #
2149238
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; High Rise
Stories
1
Subdivision
AMERICAN TOWERS
County
Salt Lake
Zoning
Single-Family
Construction
Concrete
Lot Size
0.01 sq ft
Above Grade Area
1,337 sq ft
Condition
Blt./Standing
MLS #
2149238
List Price
$475,000
Original Price
$499,000
HOA Fees
$787 / Monthly
Annual Taxes
$2,174
Home Warranty
No
List Price
$475,000
Original Price
$499,000
HOA Fees
$787 / Monthly
Annual Taxes
$2,174
Home Warranty
No
Heating
Hydronic
Cooling
Central Air
Roof
Rubber
Flooring
Carpet,Hardwood,Tile
Basement
None
Materials
Concrete
Appliances
Dryer,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Hydronic
Cooling
Central Air
Roof
Rubber
Flooring
Carpet,Hardwood,Tile
Basement
None
Materials
Concrete
Appliances
Dryer,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Classification
Standard
Deal Score
50/100
vs Similar Homes
4% below
vs Market Median
2% above
Price Reduced
4.8%
Area Growth (YoY)
0.1%
Deal Score Breakdown
50/100
Priced 4% below the median of similar listings
5% price reduction from original list — seller may be motivated
Priced 2% above the per-subtype city median
0.1% year-over-year ZHVI growth in this area
LT net cashflow -$1,585/mo (-39.9% return on ownership cost) · STR net cashflow -$2,796/mo (-70.5% 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
$2,709/mo
Range: $1,617 – $3,800
Net Monthly Cash Flow
−$1,584 /mo (−$19,014/yr)
Monthly rental income
Monthly ownership cost
Coverage
68%
Net /mo
−$1,585
DSCR
1.01
Est. Annual Revenue
$20,097/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$2,796 /mo (−$33,549/yr)
Monthly STR income
Monthly ownership cost
Coverage
42%
Net /mo
−$2,796
DSCR
0.50
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$570,000
-17% vs median
57 days
615
$184,000 – $7,995,000
$2,174
$787/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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