247 700, Salt Lake City, UT 84102
1BD/—BA Residential in Salt Lake City, UT 84102. 660 sqft. Built 1968. Listed at $290,000. MLS #2164780.
1BD/—BA Residential in Salt Lake City, UT 84102. 660 sqft. Built 1968. Listed at $290,000. MLS #2164780.
Classically Updated Condo in a Fantastic Location! Perfectly positioned between the U of U and downtown SLC, this location offers unbeatable walkability. Beautifully designed kitchen and bath with quartz countertops, a walk-in closet, balcony, newer LVP flooring, and laundry across the hall. Sprouts grocery, Trader Joe's, 24-Hour Fitness, Trolley Square, cafes, and top-rated dining are just steps away. TRAX light rail and shuttles to U of U campus & medical center are less than 2 blocks away for easy commuting. The only utility not covered by the HOA is electricity; sewer, water, gas, and trash paid by HOA. Rentals with a 6 month minimum are allowed. Square footage figures are provided as a courtesy estimate only; Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
SHAUGHNESSY
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Cedar
Lot Size
0.01 sq ft
Above Grade Area
660 sq ft
Condition
Blt./Standing
MLS #
2164780
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
SHAUGHNESSY
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Cedar
Lot Size
0.01 sq ft
Above Grade Area
660 sq ft
Condition
Blt./Standing
MLS #
2164780
List Price
$290,000
HOA Fees
$341 / Monthly
Annual Taxes
$1,540
Home Warranty
No
List Price
$290,000
HOA Fees
$341 / Monthly
Annual Taxes
$1,540
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
None
Materials
Brick,Cedar
Appliances
Trash Compactor,Portable Dishwasher,Microwave,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
None
Materials
Brick,Cedar
Appliances
Trash Compactor,Portable Dishwasher,Microwave,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Covered Spaces
1
Total Parking
1
Covered Spaces
1
Total Parking
1
Classification
Standard
Deal Score
30/100
vs Similar Homes
7% above
vs Market Median
6% above
Area Growth (YoY)
-1.2%
Deal Score Breakdown
30/100
Priced 6% above the per-subtype city median
Priced 7% above the median of similar listings
-1.2% year-over-year ZHVI growth in this area
LT net cashflow -$928/mo (-40.1% return on ownership cost) · STR net cashflow -$1,562/mo (-67.6% 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
$1,573/mo
Range: $1,091 – $2,054
Net Monthly Cash Flow
−$928 /mo (−$11,133/yr)
Monthly rental income
Monthly ownership cost
Coverage
68%
Net /mo
−$928
DSCR
0.95
Est. Annual Revenue
$12,848/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$1,562 /mo (−$18,745/yr)
Monthly STR income
Monthly ownership cost
Coverage
46%
Net /mo
−$1,562
DSCR
0.51
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$587,500
-51% vs median
39 days
660
$175,000 – $7,995,000
$1,540
$341/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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