1019 1700, Salt Lake City, UT 84105
6BD/—BA Residential in Salt Lake City, UT 84105. 5,215 sqft. Built 1908. Listed at $1,200,000. MLS #2153637.
6BD/—BA Residential in Salt Lake City, UT 84105. 5,215 sqft. Built 1908. Listed at $1,200,000. MLS #2153637.
Great Sugarhouse location. 6 unit building with off street parking. Large oversized lot with additional investment potential. Due to long term tenants rents below market rate with large upside. PLEASE DO NOT DISTURB TEANANTS, UNAWARE OF SALE. Please call agent with any questions. Square footage figures are provided as a courtesy estimate only and obtained from quick measurement. Buyer advised to obtain an independent measurement.
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 2
Subdivision
GREYSTONE SUBDIVISION
County
Salt Lake
Construction
Brick,Frame
Lot Size
0.27 sq ft
Condition
Blt./Standing
MLS #
2153637
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 2
Subdivision
GREYSTONE SUBDIVISION
County
Salt Lake
Construction
Brick,Frame
Lot Size
0.27 sq ft
Condition
Blt./Standing
MLS #
2153637
List Price
$1,200,000
Annual Taxes
$7,704
Home Warranty
No
List Price
$1,200,000
Annual Taxes
$7,704
Home Warranty
No
Heating
Forced Air,Gas: Central
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Materials
Brick,Frame
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,Gas: Central
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Materials
Brick,Frame
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
Why this is a deal
Deal Score Breakdown
95/100 · 2 qualifying signals
LT net cashflow +$2,831/mo (+34.0% return on ownership cost) · STR net cashflow -$4,307/mo (-51.8% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 6% below the per-subtype city median
-1.4% year-over-year ZHVI growth in this area
No price reduction from original list
Not enough comparable listings
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
$12,675/mo
Range: $9,415 – $15,934
Net Monthly Cash Flow
+$2,832 /mo (+$33,978/yr)
Monthly rental income
Monthly ownership cost
Coverage
152%
Net /mo
+$2,831
DSCR
1.83
Est. Annual Revenue
$68,843/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$4,308 /mo (−$51,691/yr)
Monthly STR income
Monthly ownership cost
Coverage
69%
Net /mo
−$4,307
DSCR
0.66
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$580,150
+107% vs median
47 days
664
$199,900 – $7,995,000
$7,704
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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Daryn Edmunds - High Road Properties

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Devin Tanner - Utah Realtor
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