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1579 E 5975 S, Salt Lake City, UT — photo 11 / 39

$500,000

1579 E 5975 S, Salt Lake City, UT 84121

Type

Condo

List Price

$500,000

Price/Sqft

$188

Est Gross Yield

8.1%

$40,512/yr est.

Property Details

Property typeCondo
Year built1972
Total units1
Living area2,654 sqft
Bedrooms4
Bathrooms3
Lot size0.01 acres
Parking2 spaces
Days on market55
Listed2026-07-09T00:00:00+00:00

Description

BACK ON THE MARKET! BUYERS BACKED OUT FOR PERSONAL REASONS so you get another chance! Rarely available main floor living, 4 bed, 3 bath, 2654 sq ft fully finished manor style rambler in the desirable Village III community. Yes, it needs updating but priced accordingly. Newer furnace and AC, new carpeting on the main and portions of basement. Solar tube skylights. Loads of storage and closets. Private enclosed patio space. Extra deep 2-car garage with workshop. Beautiful in-ground heated pool and clubhouse with kitchen (can be reserved for gatherings), playground, lots of green space, mature trees. The monthly HOA covers snow removal, water/sewer/trash, and has on-site management hours M-F. HOA covers exterior landscaping and roofs. Comcast & Utopia are available within the complex for internet/TV. Community RV parking is 1st come/1st serve (currently full). Easy to show!

Listed by Nancy L Blum · Coldwell Banker Realty (Union Heights)

Location

1579 E 5975 S, Salt Lake City, UT 84121

Proforma

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Cap Rate

5.39%

Cash-on-Cash

1.90%

Cash Flow

$297/mo

Purchase Price$500,000
Down Payment35% ($175,000)
Interest Rate6.00%
Monthly Rent$3,376/mo
Vacancy5%
Expense Ratio30% ($11,546)

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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 9/2/2026, 7:04:17 PM. 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.