526 COMMONWEALTH, Salt Lake City, UT 84106
4BD/—BA Residential in Salt Lake City, UT 84106. 1,626 sqft. Built 1951. Listed at $656,000. MLS #2160959.
4BD/—BA Residential in Salt Lake City, UT 84106. 1,626 sqft. Built 1951. Listed at $656,000. MLS #2160959.
Seller Financing Available..Discover the perfect blend of classic charm and modern comfort in this beautifully renovated Sugar House bungalow. Situated on a quiet, tree-lined street, this 4-bedroom, 2-bath home has been updated from the studs out-new electrical, plumbing, HVAC, roof, siding, and more-offering true move-in-ready peace of mind. The light-filled main level features a spacious living room, custom Kitchen, and a seamless flow into the dining area. Downstairs, enjoy a fully finished basement with generous ceiling height, two additional bedrooms, a full bath, laundry, and storage. Enjoy outdoor living with a large, and private backyard. Located just minutes from Liberty Park, Sugar House shopping, and downtown SLC, this home offers style, substance, and unbeatable location. Current tenants is on a month to month lease, as the home is currently used as a mid-term Rental. Seller Finance terms 20k Down, $3800 per month all other terms are negotiable. Each room is rented out for $1000 per room. can show every day between 4pm-6pm with special requests optional. all rooms will stay locked until under contract. Home owners are HIGHLY motivated!
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
Subdivision
GLENWOOD SUB
County
Salt Lake
Zoning
Single-Family
Construction
Concrete,Other
Lot Size
0.13 sq ft
Above Grade Area
813 sq ft
Condition
Blt./Standing
MLS #
2160959
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
Subdivision
GLENWOOD SUB
County
Salt Lake
Zoning
Single-Family
Construction
Concrete,Other
Lot Size
0.13 sq ft
Above Grade Area
813 sq ft
Condition
Blt./Standing
MLS #
2160959
List Price
$656,000
Annual Taxes
$1,688
Home Warranty
Yes
List Price
$656,000
Annual Taxes
$1,688
Home Warranty
Yes
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile,Vinyl
Basement
Daylight,Full
Materials
Concrete,Other
Appliances
Microwave,Range Hood,Refrigerator
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile,Vinyl
Basement
Daylight,Full
Materials
Concrete,Other
Appliances
Microwave,Range Hood,Refrigerator
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Covered Spaces
0
Total Parking
4
Covered Spaces
0
Total Parking
4
Classification
Standard
Deal Score
10/100
vs Similar Homes
8% above
vs Market Median
17% above
Area Growth (YoY)
0.5%
Deal Score Breakdown
10/100
LT net cashflow -$439/mo (-10.2% return on ownership cost) · STR net cashflow -$2,050/mo (-47.4% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 8% above the median of similar listings
Priced 17% above the per-subtype city median
0.5% year-over-year ZHVI growth in this area
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.
Why this classification
Monthly Rent
$4,413/mo
Range: $2,916 – $5,910
Net Monthly Cash Flow
−$439 /mo (−$5,269/yr)
Monthly rental income
Monthly ownership cost
Coverage
102%
Net /mo
−$439
DSCR
1.17
Est. Annual Revenue
$38,952/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$2,050 /mo (−$24,601/yr)
Monthly STR income
Monthly ownership cost
Coverage
75%
Net /mo
−$2,050
DSCR
0.69
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$580,000
+13% vs median
45 days
661
$195,000 – $7,995,000
$1,688
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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