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251 S 700 E, Salt Lake City, UT — photo 11 / 24

$273,500

251 S 700 E, Salt Lake City, UT 84102

Type

Condo

List Price

$273,500

Price/Sqft

$386

Est Gross Yield

4.9%

$13,392/yr est.

Property Details

Property typeCondo
Year built1968
Total units1
Living area708 sqft
Bedrooms1
Bathrooms1
Lot size0.01 acres
Parking1 spaces
Days on market26
Listed2026-08-31T00:00:00+00:00

Description

Airy and bright, clean and light. This top-floor southwest corner unit feels like a breath of fresh air in the middle of a vibrant neighborhood. Oversized windows and vaulted ceilings fill the space with natural light, making it one of the best located residences in The Shaughnessy. You'll love the thoughtfully updated kitchen, bath, windows, and flooring. All of it has all been meticulously maintained by the owner-occupant. There is nothing left to do but move in and start enjoying your new home. Walkable to restaurants, grocery stores, Trolley Square, and more. Downtown, the U of U, and medical centers are a short ride away on public transportation. Buyer to verify square footage.

Listed by Eileen Sugiarto · Coldwell Banker Realty (Park City-Newpark)

Location

251 S 700 E, Salt Lake City, UT 84102

Proforma

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Cap Rate

3.26%

Cash-on-Cash

-3.79%

Cash Flow

-$324/mo

Purchase Price$273,500
Down Payment35% ($95,725)
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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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 9/26/2026, 7:12:11 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.