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2206 S LAKE ST, Salt Lake City, UT 84106
$740,000
2206 S LAKE ST, Salt Lake City, UT 84106
Type
SFR
List Price
$740,000
Price/Sqft
$407
Est Gross Yield
4.1%
$30,624/yr est.
Property Details
Description
Nestled in one of Salt Lake City's most vibrant neighborhoods, this delightful 1925 bungalow offers the perfect blend of historic charm and modern convenience. Enjoy tree-lined streets, boutique shops, coffee houses, restaurants, and parks in the surrounding area. Inside, the home showcases its original character with timeless oak flooring. Thoughtful updates enhance its charm, including a stylish kitchen featuring a gas range, butcher block countertops, and exposed brick accents. Mechanically, the home has been improved with an updated HVAC system, enhanced electrical distribution, recessed lighting, and a new roof. Adding to its appeal is rare R-3 zoning, creating exceptional flexibility and opportunity. The property already features rear-entry access to a spacious three-car garage and offers potential for a detached ADU, with zoning that may allow for additional ADU possibilities. Whether you are looking for a charming primary residence, an investment opportunity, or future development potential, this property offers a truly unique combination of character, location, and flexibility.
Listed by Reggan Jastram · Coldwell Banker Realty (Heber)
Location
2206 S LAKE ST, Salt Lake City, UT 84106
Proforma
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Cap Rate
2.75%
Cash-on-Cash
-5.13%
Cash Flow
-$1,187/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 6/26/2026, 7:10:29 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.