123 2ND, Salt Lake City, UT 84103
2BD/—BA Residential in Salt Lake City, UT 84103. 970 sqft. Built 1976. Listed at $425,000. MLS #2165218.
2BD/—BA Residential in Salt Lake City, UT 84103. 970 sqft. Built 1976. Listed at $425,000. MLS #2165218.
This 2 bed 2 bath condo with secure access features is a highly desired complex that is animal free - perfect for anyone with sensitivities. The 4th floor unit has laminate flooring throughout the main living areas, new carpet in the bedrooms, and a fully updated shower in the guest bathroom. In-unit laundry and a private walkout entrance that opens directly to the tennis court. Move-in ready with one assigned parking space in the secure garage, additional street parking is available and occasionally a second stall can be leased from someone else. Elevator, pool, gym, tennis courts and common areas are just some of the amenities offered. There is a dedicated storage unit for additional storage.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
CANYON ROAD
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Above Grade Area
970 sq ft
Condition
Blt./Standing
MLS #
2165218
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
CANYON ROAD
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Above Grade Area
970 sq ft
Condition
Blt./Standing
MLS #
2165218
List Price
$425,000
HOA Fees
$659 / Monthly
Annual Taxes
$2,200
Home Warranty
No
List Price
$425,000
HOA Fees
$659 / Monthly
Annual Taxes
$2,200
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Flooring
Carpet,Laminate
Basement
None
Materials
Brick
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air,Gas: Central
Cooling
Central Air
Flooring
Carpet,Laminate
Basement
None
Materials
Brick
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer
Water Source
Culinary
Sewer
Sewer: Connected
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
Classification
Standard
Deal Score
10/100
vs Similar Homes
11% above
vs Market Median
14% above
Area Growth (YoY)
-0.9%
Deal Score Breakdown
10/100
Priced 11% above the median of similar listings
Priced 14% above the per-subtype city median
-0.9% year-over-year ZHVI growth in this area
LT net cashflow -$1,940/mo (-54.8% return on ownership cost) · STR net cashflow -$2,296/mo (-64.8% 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
$1,821/mo
Range: $1,374 – $2,268
Net Monthly Cash Flow
−$1,940 /mo (−$23,285/yr)
Monthly rental income
Monthly ownership cost
Coverage
51%
Net /mo
−$1,940
DSCR
0.75
Est. Annual Revenue
$21,359/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$2,296 /mo (−$27,558/yr)
Monthly STR income
Monthly ownership cost
Coverage
50%
Net /mo
−$2,296
DSCR
0.58
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$587,500
-28% vs median
39 days
660
$175,000 – $7,995,000
$2,200
$659/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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