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5 S 500 W, Salt Lake City, UT 84101
$959,900
5 S 500 W, Salt Lake City, UT 84101
Type
Condo
List Price
$959,900
Price/Sqft
$375
Est Gross Yield
2.9%
$28,200/yr est.
Property Details
Description
Easy Downtown Living! This sleek downtown townhouse is ideal for anyone who wants a comfortable, low-maintenance home base in the city. Designed for convenience, this secure lock-and-leave townhouse offers a private, gated, street-level entrance and your VERY OWN private ATTACHED 2-car garage - a rare find and a real luxury to have in the downtown housing market. Ideally located with quick access to the restaurants, shops, theaters, and sports venues for which downtown Salt Lake is known, and just 10 minutes from the airport. Inside, the open main floor provides a relaxed space for entertaining or unwinding. Three spacious bedrooms make hosting family or friends simple and enjoyable. As part of The Parc at Gateway, you'll enjoy excellent amenities, including a well-appointed rooftop deck, a comfortable gathering room, fitness center, and secure mailroom. The landscaped 500 West median park adds a pleasant European-style touch right outside your door. Long-term (30-day+) rentals are allowed with some restrictions (Olympics are coming back to Utah!), and up to two household pets (under 40 lbs) are welcome. The main floor includes an 8' x 24' unfinished lockable storage room - great for seasonal gear. Most furnishings are negotiable, making it easy to move right in and start enjoying this lifestyle.
Listed by Janet M. Lowe · Windermere Real Estate
Location
5 S 500 W, Salt Lake City, UT 84101
Proforma
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Cap Rate
1.95%
Cash-on-Cash
-7.26%
Cash Flow
-$2,178/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 10/1/2026, 4:37:02 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.