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1044 E 400 S, Salt Lake City, UT — photo 11 / 7
Seller Financing

$299,999

1044 E 400 S, Salt Lake City, UT 84102

Type

Condo

List Price

$299,999

Price/Sqft

$375

Est Gross Yield

4.5%

$13,392/yr est.

Property Details

Property typeCondo
Year built1972
Total units1
Living area800 sqft
Bedrooms1
Bathrooms1
Lot size0.01 acres
Parking1 spaces
Days on market444
Listed2025-07-15T00:00:00+00:00

Description

Highly desirable area. Looks out on a Park across the street. Complete Remodel.. Pool, etc. The light rail "Trax", one block away, 3 blocks to the U of U and Rice-Eccles Stadium, 3 blocks to downtown Salt Lake. From the secured building entrance, take elevator or stairs, from exterior to the locked hallway door on level 4.. Rentals of 6 months or more are allowed. New Deck will be installed in the next few weeks, no cost, already paid for. "Rent-to-Own" or "Seller Finance" call for terms.

Listed by Brad Christenson · Progressive Properties Realty Inc

Location

1044 E 400 S, Salt Lake City, UT 84102

Proforma

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Cap Rate

2.97%

Cash-on-Cash

-4.55%

Cash Flow

-$427/mo

Purchase Price$299,999
Down Payment35% ($105,000)
Interest Rate6.00%
Monthly Rent$1,116/mo
Vacancy5%
Expense Ratio30% ($3,817)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

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