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682 N 220 E photo 11 / 18

$299,999

Reduced from $305,000 · 3 days ago

682 N 220 E, Salem, UT 84653

Type

Townhouse

List Price

$299,999

Price/Sqft

$280

Est Gross Yield

6.6%

$19,656/yr est.

Property Details

Property typeTownhouse
Year built2017
Total units1
Living area1,070 sqft
Bedrooms2
Bathrooms2
Lot size0.02 acres
Parking3 spaces
Days on market80
Listed2026-05-18T00:00:00+00:00

Description

Welcome to this beautifully maintained townhouse in one of Salem's most sought-after locations! Designed with comfort and functionality in mind, this home features an open-concept floor plan with impressive 9-foot ceilings on the main level, creating a bright, airy atmosphere and an exceptional sense of space throughout. The main floor offers seamless flow between the spacious living room, dining area, and well-appointed kitchen, perfect for both everyday living and entertaining. A convenient laundry area and guest half bath complete the thoughtfully designed main level. Upstairs, you'll find two generously sized bedrooms along with a full bathroom featuring a double vanity, offering both style and convenience. Additional attic storage with easy pull-down ladder access provides valuable extra space for seasonal items and organization. Situated in a highly desirable Salem community, this home offers an outstanding opportunity for buyers seeking comfort, convenience, and value. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.

Listed by Michael McPhie · Equity Real Estate (Advantage)

Location

682 N 220 E, Salem, UT 84653

Proforma

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Cap Rate

4.36%

Cash-on-Cash

-0.85%

Cash Flow

-$80/mo

Purchase Price$299,999
Down Payment35% ($105,000)
Interest Rate6.00%
Monthly Rent$1,638/mo
Vacancy5%
Expense Ratio30% ($5,602)

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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, 9:31:02 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.