560 SOUTH TEMPLE, Salt Lake City, UT 84102
3BD/—BA Residential in Salt Lake City, UT 84102. 1,593 sqft. Built 1983. Listed at $829,000. MLS #2153078.
3BD/—BA Residential in Salt Lake City, UT 84102. 1,593 sqft. Built 1983. Listed at $829,000. MLS #2153078.
Extensively remodeled corner unit with commanding city and mountain views. This is the layout and location that everyone wants in Governor's Plaza. A prestigious condominium building with stunning contemporary architecture and amazing amenities. Enter to a new kitchen with custom walnut cabinets, 39 sf granite island and upscale appliances. Light and bright living area with floor to ceiling windows framing a panoramic view from the Wasatch peaks to city high rises. Bring the view closer by stepping out to your 125 sf balcony. The primary suite is king size with a private 70 sf balcony boasting a skyline city view, glass door walk-in shower, double sinks and walk-in closet. A short stroll or roll to all that downtown has to offer. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; High Rise
Stories
1
Subdivision
GOVERNORS PLAZA
County
Salt Lake
Zoning
Single-Family
Construction
Concrete
Lot Size
0.01 sq ft
Above Grade Area
1,593 sq ft
Condition
Blt./Standing
MLS #
2153078
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; High Rise
Stories
1
Subdivision
GOVERNORS PLAZA
County
Salt Lake
Zoning
Single-Family
Construction
Concrete
Lot Size
0.01 sq ft
Above Grade Area
1,593 sq ft
Condition
Blt./Standing
MLS #
2153078
List Price
$829,000
Original Price
$859,000
HOA Fees
$639 / Monthly
Annual Taxes
$2,815
Home Warranty
No
List Price
$829,000
Original Price
$859,000
HOA Fees
$639 / Monthly
Annual Taxes
$2,815
Home Warranty
No
Heating
Forced Air,Gas: Central,Hydronic
Cooling
Central Air
Roof
Rubber
Flooring
Carpet,Tile
Basement
None
Materials
Concrete
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s),Valley
Heating
Forced Air,Gas: Central,Hydronic
Cooling
Central Air
Roof
Rubber
Flooring
Carpet,Tile
Basement
None
Materials
Concrete
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s),Valley
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Classification
Standard
Deal Score
45/100
vs Market Median
44% above
Price Reduced
3.5%
Area Growth (YoY)
-0.8%
Deal Score Breakdown
45/100
3% price reduction from original list — seller may be motivated
Priced 44% above the per-subtype city median
-0.8% year-over-year ZHVI growth in this area
LT net cashflow -$2,752/mo (-45.0% return on ownership cost) · STR net cashflow -$4,089/mo (-66.9% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Not enough comparable listings
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Monthly Rent
$3,816/mo
Range: $1,812 – $5,820
Net Monthly Cash Flow
−$2,752 /mo (−$33,023/yr)
Monthly rental income
Monthly ownership cost
Coverage
63%
Net /mo
−$2,752
DSCR
0.81
Est. Annual Revenue
$34,645/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$4,089 /mo (−$49,066/yr)
Monthly STR income
Monthly ownership cost
Coverage
47%
Net /mo
−$4,089
DSCR
0.49
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$570,000
+45% vs median
57 days
615
$184,000 – $7,995,000
$2,815
$639/monthly
High Crime
28.7
per 1,000
83.9
per 1,000
34.5
per 1,000
147.1
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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