Off-Market Condo: F at 3514 S 300 E, South Salt Lake, UT 84115
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3514 S 300 E, South Salt Lake, UT 84115

- #F

$225,900

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $84 per day and long-term for an average of $1,174 per month, based on similar listings in the area. Estimated short-term cap rate of -0.1%. Estimated long-term cap rate of -1.9%. PRICE REDUCTION! Motivated Seller. Charming 1 Bedroom Condo! This updated condo features granite kitchen countertops, a tile backsplash to add a touch of elegance to enhance your cooking space. A 240-volt outlet has been added for a ventless dryer option allowing flexible laundry options. Nestled in a small community, this condo is perfect for those who value convenience and modern touches. With community amenities that include a common-laundry room, tennis courts, bbq, and picnic areas. Covered parking and a private storage unit. Square footage figures are provided as a courtesy estimate only and were obtained from county records . Buyer is advised to obtain an independent measurement.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$225
Rental Policy
daily
Yearly Taxes
$1326
Bedrooms
1
Bathrooms
1
SQFT
720
Furnished
N/A
Year built
1977
Listing Status
Off Market
MLS
2061155

Short-term Rental Potential
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$18,324

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$313

Price/SQFT

Long-term Rental Potential
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$14,088

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,174/mo

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