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1940 PROSPECTOR AVE, Park City, UT 84060
$255,000
Reduced from $259,000 · 2 days ago
1940 PROSPECTOR AVE, Park City, UT 84060
Type
Condo
List Price
$255,000
Price/Sqft
$911
Est Gross Yield
7.1%
$18,204/yr est.
Property Details
Description
***Motivated Seller - Bring all Offers!!!!*** Welcome to the most upgraded studio in Carriage House - fully remodeled in 2023 and the only unit in the building with a dedicated heat pump for both heating and air conditioning, a rare luxury in Park City. You'll also enjoy the building's only ground-floor walk-out patio, a private semi-enclosed outdoor space accessible via sliding glass doors - perfect for gear storage, morning coffee, or winding down after a day on the mountain. Inside, everything is fresh: LVP flooring throughout, dark cabinetry with butcher block counters, stainless appliances, and an updated bath. The unit is turnkey and fully furnished with two queen beds - ready for personal use or immediate rental income. Short-term rentals are permitted with no rental cap. Located steps from the free Park City transit line with direct access to Main Street, PCMR, and Deer Valley. The Historic Rail Trail runs adjacent to the building. HOA covers water, sewer, trash, and snow removal at just $286/month - one of the lowest HOA fees in the Prospector Square area. Building amenities include a heated outdoor pool, indoor hot tub/spa, fire pit, and on-site laundry. Seller financing available - call agent for details. Square footage figures are provided as a courtesy estimate only and were obtained from County Records. Buyer is advised to obtain an independent measurement.
Listed by Corey A Jones · Commercial Utah Real Estate, LLC
Location
1940 PROSPECTOR AVE, Park City, UT 84060
Proforma
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Cap Rate
4.75%
Cash-on-Cash
0.19%
Cash Flow
$15/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 10/4/2026, 3:22:14 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.