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115 E 550 N photo 11 / 28

$275,000

115 E 550 N, Providence, UT 84332

Type

Condo

List Price

$275,000

Price/Sqft

$244

Est Gross Yield

6.3%

$17,196/yr est.

Property Details

Property typeCondo
Year built2022
Total units1
Living area1,125 sqft
Bedrooms2
Bathrooms2
Lot size0.01 acres
Parking3 spaces
Days on market43
Listed2026-04-30T00:00:00+00:00

Description

Welcome to the Vineyards! ***INVESTMENT POTENTIAL***. This 2 bed/2bath, 3rd floor condo, features vaulted ceilings, white quartz counter tops and a large walk-in closet in the primary suite. Close enough to shopping and entertainment, and far enough from town to sit quietly on your balcony in the evenings and take in the breath-taking views of the mountains. Ideally located to trails, outdoor recreation areas, and let's not forget, a community pool to lounge in during hot summer afternoons. Come take a look! Buyer to verify all information.

Listed by Ken Heare · Engel & Volkers Logan, LLC

Location

115 E 550 N, Providence, UT 84332

Proforma

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Cap Rate

4.16%

Cash-on-Cash

-1.38%

Cash Flow

-$119/mo

Purchase Price$275,000
Down Payment35% ($96,250)
Interest Rate6.00%
Monthly Rent$1,433/mo
Vacancy5%
Expense Ratio30% ($4,901)

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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 6/12/2026, 2:01:03 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.