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2724 S LAKE ST photo 11 / 37
Single FamilyADUSeller Financing

$769,995

2724 S LAKE ST, Salt Lake City, UT 84106

Type

SFR

List Price

$769,995

Price/Sqft

$399

Est Gross Yield

5.2%

$40,128/yr est.

Property Details

Property typeSingle Family
Year built1942
Total units1
Living area1,932 sqft
Bedrooms4
Bathrooms3
Lot size0.15 acres
Parking8 spaces
Days on market0
Listed2026-08-06T00:00:00+00:00

Description

Completely rebuilt from the inside out, this exceptional home blends the timeless charm of a classic bungalow with the confidence of a nearly new home. Extensively rebuilt from the studs with permits through Salt Lake City, every major system has been replaced, including electrical, plumbing, HVAC, windows, insulation, drywall, flooring, kitchen, bathrooms, and finishes throughout. The FULLY LEGAL AND PERMITTED 2-BEDROOM BASEMENT ADU features a private entrance, full kitchen, laundry, living area, and separate climate control-ideal for rental income, multigenerational living, guests, or added flexibility. The chef's kitchen showcases premium appliances, quality cabinetry, stone countertops, and a large island designed for gathering and entertaining. The expanded primary suite features vaulted ceilings and a spa-inspired ensuite with a soaking tub and separate shower. Enjoy the private, fully fenced yard, thoughtfully landscaped with raised garden beds & drip system, covered deck with privacy shades, oversized detached 2-car garage, and a soundproof, climate-controlled flex studio with its own mini-split-perfect as a home office, podcast or recording studio, gym, music room, art studio, creative workspace, or business headquarters. All appliances included. Conveniently located just minutes from Sugar House Park, shopping, dining, the U of U, Westminster, downtown Salt Lake City, I-80, and year-round outdoor recreation. Seller financing available. Call for details.

Listed by Joe Pierson · Real Broker, LLC

Location

2724 S LAKE ST, Salt Lake City, UT 84106

Proforma

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Cap Rate

3.47%

Cash-on-Cash

-3.23%

Cash Flow

-$777/mo

Purchase Price$769,995
Down Payment35% ($269,498)
Interest Rate6.00%
Monthly Rent$3,344/mo
Vacancy5%
Expense Ratio30% ($11,436)

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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 8/6/2026, 4:40:31 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.