159 BROADWAY, Salt Lake City, UT 84101
2BD/—BA Residential in Salt Lake City, UT 84101. 1,980 sqft. Built 1900. Listed at $1,199,000. MLS #2157617.
2BD/—BA Residential in Salt Lake City, UT 84101. 1,980 sqft. Built 1900. Listed at $1,199,000. MLS #2157617.
Open House Sunday May 17th from 3 to 5pm. Experience a stunning renovation in the iconic Broadway Lofts in the heart of downtown Salt Lake City. A true luxury loft with nearly 2,000 square feet and incredible city and mountain views, this loft will provide an inspiring welcome at each arrival. Stunning gourmet kitchen with gray lower cabinets, horizontal wood grain upper cabinets, quartz countertops with waterfall edge and high end appliances including Subzero refrigerator, Wolf gas range and wall oven. Concrete construction and end walls aid in creating a quiet space. Beautifully remodeled spa-like baths. Walk-in closet with built-ins. Hardwood floors throughout. On demand water heater, reverse osmosis system plus building provides soft water. Gracious common areas with fire pit, BBQ and seating areas for relaxing. Gated community with secured parking(space #33) and on site storage space complete this unit for the ultimate urban experience. Pet friendly community. All of this is just steps from Salt Lake's best entertainment, dining and shopping and less than 15 minutes to Salt Lake International Airport. Call for your appointment today. Buyer to verify all.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
2
Subdivision
BROADWAY LOFTS
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
1,980 sq ft
Condition
Blt./Standing
MLS #
2157617
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
2
Subdivision
BROADWAY LOFTS
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
1,980 sq ft
Condition
Blt./Standing
MLS #
2157617
List Price
$1,199,000
HOA Fees
$553 / Monthly
Annual Taxes
$4,410
Home Warranty
No
List Price
$1,199,000
HOA Fees
$553 / Monthly
Annual Taxes
$4,410
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Rubber
Flooring
Hardwood,Tile
Basement
None
Materials
Brick
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Rubber
Flooring
Hardwood,Tile
Basement
None
Materials
Brick
Appliances
Ceiling Fan,Dryer,Microwave,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
10/100
vs Similar Homes
122% above
vs Market Median
24% above
Area Growth (YoY)
0.1%
Deal Score Breakdown
10/100
Priced 122% above the median of similar listings
Priced 24% above the per-subtype city median
0.1% year-over-year ZHVI growth in this area
LT net cashflow -$4,657/mo (-54.8% return on ownership cost) · STR net cashflow -$6,536/mo (-76.9% 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
$4,360/mo
Range: $2,603 – $6,117
Net Monthly Cash Flow
−$4,657 /mo (−$55,883/yr)
Monthly rental income
Monthly ownership cost
Coverage
51%
Net /mo
−$4,657
DSCR
0.64
Est. Annual Revenue
$33,564/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$6,537 /mo (−$78,443/yr)
Monthly STR income
Monthly ownership cost
Coverage
33%
Net /mo
−$6,536
DSCR
0.33
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$570,000
+110% vs median
57 days
615
$184,000 – $7,995,000
$4,410
$553/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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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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