170 BELMONT, Salt Lake City, UT 84111
2BD/—BA Residential in Salt Lake City, UT 84111. 1,040 sqft. Built 2011. Listed at $374,500. MLS #2162194.
2BD/—BA Residential in Salt Lake City, UT 84111. 1,040 sqft. Built 2011. Listed at $374,500. MLS #2162194.
Welcome home to Belmont Condominiums, ideally located near the highly sought-after 9th & 9th neighborhood and just minutes from the heart of downtown Salt Lake City. This beautifully updated top-floor condo offers 2 bedrooms, 2 full bathrooms, and approximately 1,094 square feet of stylish, contemporary living space designed for comfort and convenience. Step inside to discover an open and inviting floor plan featuring 9-foot ceilings, fresh paint, new carpet, and a spacious family room highlighted by a striking brick accent wall. The beautifully upgraded kitchen is perfect for entertaining, showcasing granite countertops, stainless steel appliances, a gas oven, breakfast bar seating, maple cabinetry with upgraded hardware, brushed nickel fixtures, and designer lighting throughout. The generous primary suite includes a luxurious ensuite full bathroom with bathtub and oversized tiled tiled shower surround. Additional features include central air conditioning, washer and dryer hookups, storage closet, and two-tone paint accents that enhance the home's modern appeal. Enjoy beautiful mountain and city views and step outside to your private covered balcony, the perfect place to relax and unwind. The gated community offers added security and includes a dedicated covered parking stall, with additional parking available for guests and residents. Belmont Condominiums are nestled near the center of it all, within walking distance to TRAX light rail, Liberty Park, local shops, restaurants, cultural venues, and some of Salt Lake City's best dining and entertainment options. Whether you're commuting, exploring the city, or enjoying the vibrant neighborhood atmosphere, this location is hard to beat. As an added bonus, eligible buyers may qualify for Utah's $25,000 First-Time Homebuyer Assistance Program. Don't miss this opportunity to own a stylish, move-in-ready condo in one of Salt Lake City's most convenient and desirable locations. Property is being sold as is. Square footage figures are provided as a courtesy estimate only and were obtained from County tax records . Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
BELMONT
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,040 sq ft
Condition
Blt./Standing
MLS #
2162194
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
BELMONT
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,040 sq ft
Condition
Blt./Standing
MLS #
2162194
List Price
$374,500
HOA Fees
$250 / Monthly
Annual Taxes
$1,619
Home Warranty
No
List Price
$374,500
HOA Fees
$250 / Monthly
Annual Taxes
$1,619
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Flat,Membrane
Flooring
Carpet,Laminate,Linoleum
Materials
Brick,Stucco
Appliances
Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Flat,Membrane
Flooring
Carpet,Laminate,Linoleum
Materials
Brick,Stucco
Appliances
Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
1
Total Parking
1
Covered Spaces
1
Total Parking
1
Why this is a deal
Classification
Exceptional DealDeal Score
97/100
vs Similar Homes
20% below
vs Market Median
29% below
Area Growth (YoY)
-0.3%
Deal Score Breakdown
97/100 · 2 qualifying signals
Priced 29% below the per-subtype city median
Priced 20% below the median of similar listings
-0.3% year-over-year ZHVI growth in this area
LT net cashflow -$1,117/mo (-40.4% return on ownership cost) · STR net cashflow -$1,465/mo (-53.0% 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.
Why this classification
Monthly Rent
$1,872/mo
Range: $1,521 – $2,223
Net Monthly Cash Flow
−$1,117 /mo (−$13,406/yr)
Monthly rental income
Monthly ownership cost
Coverage
68%
Net /mo
−$1,117
DSCR
0.88
Est. Annual Revenue
$22,271/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$1,464 /mo (−$17,571/yr)
Monthly STR income
Monthly ownership cost
Coverage
67%
Net /mo
−$1,465
DSCR
0.69
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$587,500
-36% vs median
39 days
660
$175,000 – $7,995,000
$1,619
$250/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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