246 HELM, South Salt Lake, UT 84115
2BD/—BA Residential in South Salt Lake, UT 84115. 814 sqft. Built 1965. Listed at $204,900. MLS #2012846.
2BD/—BA Residential in South Salt Lake, UT 84115. 814 sqft. Built 1965. Listed at $204,900. MLS #2012846.
PRICE IMPROVEMENT - The seller is offering $5,000 towards the buyer's closing costs or to buy down the interest. For a comfortable and convenient place to call home? Check out this lovely condominium with 2 bedrooms, 1 bathroom, and an A/C unit. The living area is open and bright, with large windows that let in plenty of natural light, located in South Salt lake, great location close to the freeway and downtown! At least 2 hour notice is required. Square footage figures are provided as a courtesy estimate only and were obtained from county records. The buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
VILLA CHABLIS WEST CONDM
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
814 sq ft
Condition
Blt./Standing
MLS #
2012846
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
VILLA CHABLIS WEST CONDM
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
814 sq ft
Condition
Blt./Standing
MLS #
2012846
List Price
$204,900
Original Price
$229,900
HOA Fees
$290 / Monthly
Annual Taxes
$857
Home Warranty
No
List Price
$204,900
Original Price
$229,900
HOA Fees
$290 / Monthly
Annual Taxes
$857
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Tar/Gravel
Flooring
Carpet,Linoleum
Basement
None
Materials
Brick
Appliances
Ceiling Fan,Range Hood
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Tar/Gravel
Flooring
Carpet,Linoleum
Basement
None
Materials
Brick
Appliances
Ceiling Fan,Range Hood
Water Source
Culinary
Sewer
Sewer: Connected
Covered Spaces
1
Total Parking
1
Covered Spaces
1
Total Parking
1
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
100/100
vs Similar Homes
28% below
vs Market Median
0% below
Price Reduced
10.9%
Area Growth (YoY)
2.0%
Deal Score Breakdown
100/100 · 3 qualifying signals
Priced 28% below the median of similar listings
11% price reduction from original list — seller may be motivated
LT net cashflow +$89/mo (+5.3% return on ownership cost) · STR net cashflow -$523/mo (-31.3% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 0% below the per-subtype city median
2.0% year-over-year ZHVI growth in this area
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
$2,001/mo
Range: $1,933 – $2,069
Net Monthly Cash Flow
+$89 /mo (+$1,071/yr)
Monthly rental income
Monthly ownership cost
Coverage
120%
Net /mo
+$89
DSCR
1.70
Est. Annual Revenue
$19,690/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$523 /mo (−$6,275/yr)
Monthly STR income
Monthly ownership cost
Coverage
98%
Net /mo
−$523
DSCR
1.11
Elementary
LincolnMiddle School
Granite ParkHigh School
Granite PeaksSchool District
Granite
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$472,340
-57% vs median
64 days
35
$190,700 – $715,000
$857
$290/monthly
High Crime
29.1
per 1,000
89.6
per 1,000
61.5
per 1,000
180.2
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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