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123 E 2ND AVE, Salt Lake City, UT 84103
$475,000
123 E 2ND AVE, Salt Lake City, UT 84103
Type
Condo
List Price
$475,000
Price/Sqft
$428
Est Gross Yield
4.7%
$22,524/yr est.
Property Details
Description
Enjoy effortless downtown living in Salt Lake City at Canyon Road Towers, where secure, lock-and-leave living meets an exceptional location. All utilities are covered by the HOA, adding to the ease and convenience of this beautifully appointed two-bedroom, two-bathroom main-floor condominium. Thoughtfully refreshed with new flooring throughout, remodeled bathrooms, and a beautifully updated kitchen, the residence offers comfortable, polished living with minimal upkeep. Canyon Road Towers offers a classic entry, secure building access, secure garage, underground parking with a dedicated space, dedicated private storage, elevators, and amenities including a residents' lounge, indoor swimming pool & spa, fitness center, tennis and pickleball courts, and beautifully maintained grounds. Inside, the refreshed kitchen features quartz countertops, crisp white cabinetry, classic subway tile backsplash, and stainless steel appliances. Multiple closets and a walk-in pantry provide generous storage, while the semi-formal dining area offers an elegant setting for everyday meals or entertaining. The primary suite features a private attached bathroom, while the second bedroom provides flexibility for guests, a home office, or additional living space. The inviting living room features a gas fireplace and sliding glass doors that open to a private patio, creating an easy indoor-outdoor setting. In-unit laundry adds everyday convenience with a washer & dryer included in the purchase. Ideally positioned moments from Memory Grove Park and City Creek Canyon, with galleries, museums, restaurants, City Creek Center, and the Utah State Capitol nearby. Enjoy easy access to Temple Square, acclaimed downtown dining and shopping, and world-class sporting and entertainment at the Delta Center, an exceptional opportunity to enjoy the best of Salt Lake City with the ease of a true lock-and-leave lifestyle.
Listed by Angie Nelden · Summit Sotheby's International Realty
Location
123 E 2ND AVE, Salt Lake City, UT 84103
Proforma
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Cap Rate
3.15%
Cash-on-Cash
-4.06%
Cash Flow
-$603/mo
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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 10/2/2026, 12:09:56 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.