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2724 S LAKE ST, Salt Lake City, UT 84106
$774,999
2724 S LAKE ST, Salt Lake City, UT 84106
Type
SFR
List Price
$774,999
Price/Sqft
$401
Est Gross Yield
5.2%
$40,128/yr est.
Property Details
Description
Turnkey, fully renovated by a licensed contractor from the studs up, completed in 2024. This is not a flip! This beautiful, quality renovation includes new roof, HVAC, electrical, and full plumbing with exterior sewer pipe replaced and lined. Basement ADU up to $1800 proven rental income, returning winter renter info (if desired), with basement entry, HVAC control, and alarm. Ideally located near I-80, walking distance to Fairmont Park, and Trax S-Line street-rail less than 0.8 mile away from Sugar House business district, shopping, and restaurants. Marble counters up, granite down, all appliances included. Spa-quality primary addition with significant basement storage access added in both living areas. Large soundproof bonus room (#5) attached to garage with its own mini-split HVAC unit and electrical access panel (sq footage for room listed w main floor). Fully-fenced Xeriscape yard with some grass includes RV parking, oversized garage with ceiling storage racks. CLICK TOUR TO WATCH THE SHORT VIDEO. Buyer and buyer's agent to verify all information.
Listed by Kerry Phillips · Equity Real Estate (Advantage)
Location
2724 S LAKE ST, Salt Lake City, UT 84106
Proforma
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Cap Rate
3.44%
Cash-on-Cash
-3.29%
Cash Flow
-$796/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 6/23/2026, 9:25:33 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.