120 G, Salt Lake City, UT 84103
27BD/—BA Residential in Salt Lake City, UT 84103. 13,077 sqft. Built 1969. Listed at $4,450,000. MLS #2153730.
27BD/—BA Residential in Salt Lake City, UT 84103. 13,077 sqft. Built 1969. Listed at $4,450,000. MLS #2153730.
$4,450,000
Turnkey 15-unit investment opportunity in Salt Lake City featuring a highly desirable unit mix of 12 two-bedroom units and 3 one-bedroom units. The property underwent significant renovations in 2023, minimizing near-term capital expenditures. Spacious, well-designed units combine modern upgrades with timeless character, contributing to consistently strong rental demand. Measurements are given as courtesy only. Buyer to verify.
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 2
County
Salt Lake
Construction
Brick
Lot Size
0.31 sq ft
Condition
Blt./Standing
MLS #
2153730
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 2
County
Salt Lake
Construction
Brick
Lot Size
0.31 sq ft
Condition
Blt./Standing
MLS #
2153730
List Price
$4,450,000
Annual Taxes
$18,235
Home Warranty
No
List Price
$4,450,000
Annual Taxes
$18,235
Home Warranty
No
Heating
Forced Air
Flooring
Hardwood,Tile
Materials
Brick
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air
Flooring
Hardwood,Tile
Materials
Brick
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
Classification
Standard
Deal Score
10/100
vs Similar Homes
98% above
vs Market Median
37% above
Area Growth (YoY)
-0.8%
Deal Score Breakdown
10/100
Priced 98% above the median of similar listings
Priced 37% above the per-subtype city median
-0.8% year-over-year ZHVI growth in this area
STR net cashflow -$20,304/mo (-67.7% 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.
Est. Annual Revenue
$165,847/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$20,303 /mo (−$243,641/yr)
Monthly STR income
Monthly ownership cost
Coverage
46%
Net /mo
−$20,304
DSCR
0.43
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$575,000
+674% vs median
55 days
621
$184,000 – $7,995,000
$18,235
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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