2631 CHADWICK, Salt Lake City, UT 84106
2BD/—BA Residential in Salt Lake City, UT 84106. 1,679 sqft. Built 1915. Listed at $699,000. MLS #2158731.
2BD/—BA Residential in Salt Lake City, UT 84106. 1,679 sqft. Built 1915. Listed at $699,000. MLS #2158731.
Beautifully updated home offering convenient one-level living with thoughtful upgrades throughout. Located within a short walking distance to Sugar House Park and offering easy freeway access for commuting East or West. The spacious ,deep , detached two-car garage with loft provides storage, workspace or hobby potential- paired with a rare double-car driveway for plenty of parking. Inside the home features upgraded plumbing and electrical, a Rinnai tankless water heater, tile flooring throughout the main living area . The kitchen features granite countertops, island gas cooktop , prep sink, abundant counter space for meal prep ,microwave/convection oven combo, and a separate wall oven. Dedicated utility room for washer and dryer hookups. The unfinished basement offers exceptional expansion potential with two bedrooms already roughed in spaced for a future bathroom and food storage. A rare combination of location, functionality, upgrades ,storage and future potential.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
Subdivision
PARK
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.15 sq ft
Above Grade Area
1,042 sq ft
Condition
Blt./Standing
MLS #
2158731
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
Subdivision
PARK
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.15 sq ft
Above Grade Area
1,042 sq ft
Condition
Blt./Standing
MLS #
2158731
List Price
$699,000
Original Price
$690,000
Annual Taxes
$2,735
Home Warranty
No
List Price
$699,000
Original Price
$690,000
Annual Taxes
$2,735
Home Warranty
No
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Full
Materials
Brick
Appliances
Microwave,Refrigerator
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Full
Materials
Brick
Appliances
Microwave,Refrigerator
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected
Garage Spaces
2
Covered Spaces
2
Total Parking
5
Garage Spaces
2
Covered Spaces
2
Total Parking
5
Classification
Standard
Deal Score
30/100
vs Similar Homes
11% above
vs Market Median
5% above
Area Growth (YoY)
-0.2%
Deal Score Breakdown
30/100
Priced 5% above the per-subtype city median
Priced 11% above the median of similar listings
-0.2% year-over-year ZHVI growth in this area
LT net cashflow -$2,537/mo (-54.0% return on ownership cost) · STR net cashflow -$2,925/mo (-62.3% 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
$2,456/mo
Range: $1,962 – $2,950
Net Monthly Cash Flow
−$2,537 /mo (−$30,445/yr)
Monthly rental income
Monthly ownership cost
Coverage
52%
Net /mo
−$2,537
DSCR
0.61
Est. Annual Revenue
$30,402/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$2,926 /mo (−$35,107/yr)
Monthly STR income
Monthly ownership cost
Coverage
54%
Net /mo
−$2,925
DSCR
0.50
Elementary
Highland ParkMiddle School
HillsideHigh School
HighlandSchool District
Salt Lake
$570,000
+23% vs median
56 days
618
$184,000 – $7,995,000
$2,735
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

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Devin Tanner - Utah Realtor
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