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560 E SOUTH TEMPLE S, Salt Lake City, UT — photo 11 / 32

$1,095,000

Reduced from $1,195,000 · 1 day ago

560 E SOUTH TEMPLE S, Salt Lake City, UT 84102

Type

Condo

List Price

$1.09M

Price/Sqft

$687

Est Gross Yield

1.8%

$19,248/yr est.

Property Details

Property typeCondo
Year built1983
Total units1
Living area1,593 sqft
Bedrooms2
Bathrooms2
Lot size0.01 acres
Parking2 spaces
Days on market76
Listed2026-07-09T00:00:00+00:00

Description

For elevated city living in the heart of Salt Lake, few opportunities compare to this southwest corner pied--terre on the tenth floor of Governors Plaza. Taken to the studs and rebuilt corner to corner, the residence was reconfigured to be a one of one penthouse style residence. Perched above Historic South Temple, with two private terraces the home looks south to the Wasatch Range, the U of U, and west to downtown stretching out to the lake. Inside, the feeling is bright and modern, filled with natural light across white tile floors, custom espresso colored cabinetry, and an open layout that makes the space feel warm and inviting. The kitchen is built with highly customized storage and integrated appliances, a paneled Sub Zero fridge and a suite of Wolf appliances include an inset induction range, wall mounted oven, and steam oven. The island spreads wide into a raised bar and extends into a custom 3form dining table. The walk-in pantry has large amounts of storage, and a wet bar with a filtration system. Along the hall custom cabinetry and flush mount doors hide the utilities as well as a full bathroom. The second bedroom is anchored by dual built-in desks and custom shelving, ready to serve as a guest room when needed. The primary suite is a world of its own, opening to a private terrace with views of downtown, the Great Salt Lake, and the Capitol. Its walk-in closet is its own room, centered around an island of drawers beneath windows that frame the mountains. The primary bath has a large double vanity with intelligent storage solutions, a marble shower with dual heads, private toilet room, and en-suite laundry. Behind the finishes, the home is as well equipped as it is beautiful: central vacuum, heated floors, soft water, whole-home humidification, built in speaker system, and a newer furnace, air conditioning, and water heater, for comfort and low maintenance from day one. This unit enjoys 2 assigned parking spaces, dedicated storage, an indoor pool, spa, gym, and community spaces. Living at Governors Plaza places you steps from the Avenues, downtown, and the University of Utah, with easy access to I-80 for the airport and the canyons - a rare address along historic South Temple.

Listed by Mitchell Finlinson · Summit Sotheby's International Realty

Location

560 E SOUTH TEMPLE S, Salt Lake City, UT 84102

Proforma

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Cap Rate

1.17%

Cash-on-Cash

-9.35%

Cash Flow

-$3,201/mo

Purchase Price$1,095,000
Down Payment35% ($383,250)
Interest Rate6.00%
Monthly Rent$1,604/mo
Vacancy5%
Expense Ratio30% ($5,486)

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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 9/23/2026, 7:11:42 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.