123 2ND, Salt Lake City, UT 84103
2BD/—BA Residential in Salt Lake City, UT 84103. 990 sqft. Built 1976. Listed at $435,000. MLS #2168547.
2BD/—BA Residential in Salt Lake City, UT 84103. 990 sqft. Built 1976. Listed at $435,000. MLS #2168547.
This 2-BR, 2-bath condo is in a perfect downtown location. On the 7th floor facing east, the unit has hardwood floors in the living and dining rooms, new LVP in the kitchen and bathrooms, and carpet in the bedrooms. Completely remodeled in 2014 with new stainless kitchen appliances (range, refrigerator, dishwasher, microwave). New stainless dishwasher installed in 2022. New toilets and all new valves and fixtures in both bathrooms (2025, 2026). In-unit full-size washer & dryer, custom plantation blinds in living room and both bedrooms. Move-in ready with one assigned parking space; additional permitted street parking is available and occasionally a second parking space can be leased from another owner. A dedicated storage room is also assigned to the unit. HOA Remarks: The HOA payment covers all utilities, electricity, water, gas, sewer, garbage, Google Fiber, snow removal, grounds & building maintenance. For additional HOA info, visit crt.condos/home.php . There are no pets or animals allowed in the building no exceptions, even ESA or service animals.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; High Rise
Subdivision
CANYON ROAD
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.01 sq ft
Condition
Blt./Standing
MLS #
2168547
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; High Rise
Subdivision
CANYON ROAD
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.01 sq ft
Condition
Blt./Standing
MLS #
2168547
List Price
$435,000
HOA Fees
$562 / Monthly
Annual Taxes
$1,500
Home Warranty
No
List Price
$435,000
HOA Fees
$562 / Monthly
Annual Taxes
$1,500
Home Warranty
No
Heating
Gas: Central
Cooling
Central Air
Flooring
Carpet,Hardwood
Basement
None
Materials
Brick
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer
Laundry
Gas Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Gas: Central
Cooling
Central Air
Flooring
Carpet,Hardwood
Basement
None
Materials
Brick
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer
Laundry
Gas Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Covered Spaces
0
Total Parking
1
Covered Spaces
0
Total Parking
1
Classification
Standard
Deal Score
10/100
vs Similar Homes
10% above
vs Market Median
10% above
Area Growth (YoY)
-0.9%
Deal Score Breakdown
10/100
Priced 10% above the median of similar listings
Priced 10% above the per-subtype city median
-0.9% year-over-year ZHVI growth in this area
LT net cashflow -$1,815/mo (-52.6% return on ownership cost) · STR net cashflow -$2,189/mo (-63.4% 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
$1,859/mo
Range: $1,402 – $2,315
Net Monthly Cash Flow
−$1,815 /mo (−$21,775/yr)
Monthly rental income
Monthly ownership cost
Coverage
54%
Net /mo
−$1,815
DSCR
0.75
Est. Annual Revenue
$21,622/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$2,189 /mo (−$26,265/yr)
Monthly STR income
Monthly ownership cost
Coverage
52%
Net /mo
−$2,189
DSCR
0.58
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$587,500
-26% vs median
39 days
660
$175,000 – $7,995,000
$1,500
$562/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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