2074 MICHIGAN, Salt Lake City, UT 84108
3BD/—BA Residential in Salt Lake City, UT 84108. 2,094 sqft. Built 1972. Listed at $679,900. MLS #2166538.
3BD/—BA Residential in Salt Lake City, UT 84108. 2,094 sqft. Built 1972. Listed at $679,900. MLS #2166538.
LOCATION LOCATION LOCATION! Don't miss this opportunity to own in the highly desirable Yale/Harvard area! Ideally situated near the University of Utah, Downtown Salt Lake City, and Emigration Canyon, with Bonneville Golf Course just across the street. 30-45 minutes from 7 major ski resorts and one of the best locations in the Townes development with beautiful mountain views of the Wasatch Range and Mt. Olympus. This inviting townhome features updated windows and flooring, open and airy living spaces with vaulted ceilings, and a cozy fireplace. The spacious primary bedroom includes double closets, while the secluded side yard offers mature trees and grassy space for added privacy. A charming sunroom with a breakfast nook provides the perfect place to enjoy your mornings and evenings. Privately located as an end-row unit, this townhome also includes a 1-car garage plus an assigned parking space conveniently located near the front door. If the square footage or acreage of the property or improvements is of material concern to the buyer, the buyer is responsible for verifying the square footage/acreage measurements and improvements to the buyer's satisfaction.
Property Type
Residential
Property Style
Condominium
Architectural Style
Townhouse; Row-end
Stories
3
Subdivision
THE TOWNES
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Cedar
Lot Size
0.01 sq ft
Above Grade Area
1,392 sq ft
Condition
Blt./Standing
MLS #
2166538
Property Type
Residential
Property Style
Condominium
Architectural Style
Townhouse; Row-end
Stories
3
Subdivision
THE TOWNES
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Cedar
Lot Size
0.01 sq ft
Above Grade Area
1,392 sq ft
Condition
Blt./Standing
MLS #
2166538
List Price
$679,900
HOA Fees
$360 / Monthly
Annual Taxes
$2,588
Home Warranty
No
List Price
$679,900
HOA Fees
$360 / Monthly
Annual Taxes
$2,588
Home Warranty
No
Heating
Forced Air,Gas: Central,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Full
Materials
Brick,Cedar
Appliances
Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,Gas: Central,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Full
Materials
Brick,Cedar
Appliances
Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Garage Spaces
1
Covered Spaces
1
Total Parking
3
Garage Spaces
1
Covered Spaces
1
Total Parking
3
Classification
Standard
Deal Score
30/100
vs Similar Homes
5% above
vs Market Median
68% above
Area Growth (YoY)
-0.3%
Deal Score Breakdown
30/100
Priced 5% above the median of similar listings
LT net cashflow -$592/mo (-12.1% return on ownership cost) · STR net cashflow -$2,570/mo (-52.5% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 68% above the per-subtype city median
-0.3% 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.
Monthly Rent
$4,890/mo
Range: $2,776 – $7,004
Net Monthly Cash Flow
−$592 /mo (−$7,106/yr)
Monthly rental income
Monthly ownership cost
Coverage
100%
Net /mo
−$592
DSCR
1.26
Est. Annual Revenue
$39,860/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$2,569 /mo (−$30,834/yr)
Monthly STR income
Monthly ownership cost
Coverage
68%
Net /mo
−$2,570
DSCR
0.68
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$587,500
+16% vs median
39 days
660
$175,000 – $7,995,000
$2,588
$360/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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