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Tyler Goff

REALTOR® - TEAM LEADER | Tyler Goff Group | Hegg, REALTORS Inc.

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101 Center Ave , Philip, SD 57567
$700,000
Est. Payment: $3,516.78/mo
1 Bed
1 Bath
16596 Sqft
Status: pending | Days on site: 92
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Tyler Goff, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Tyler Goff
REALTOR® - TEAM LEADER
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House Description

HUD Section 8 (HAP Contract) property for sale in Philip, SD! Parking lot included in sale. Unit Mix: Sixteen (16) one-bedroom/one-bathroom units. Three (3) commercial spaces. Owner Responsibility: Electric, water, sewer, trash removal, repairs/maintenance, and snow removal. Tenant Responsibility: Phone, cable, and internet. Unit Amenities: Stove, refrigerator, air conditioner, electric baseboard heat, and carpet/vinyl floor coverings. Property Amenities: Community room, main floor laundry room, elevator, onsite property management office, and off-street parking. Section 8 Coverage (# units / %): 16 units / 100%. Section 8 Contract #: SD99-H001-070. Renewal Option: Option 4. Term / Expiration: 20 Years / May 31, 2040. Elderly / Family: Elderly. Management Occupancy Review (MOR): Above-Average (July 2025). NSPIRE: 98 (February 2025). 100% Project-Based Section 8 rental subsidy. Three (3) Commercial Tenants: Daymond Lurz ($350/month), State Farm Insurance ($340/month), and Elizabeth Boardman ($300/month). The Senechal Apartments are being offered as part of a portfolio transaction and must be acquired together with the Riverview Townhouses, located at 302 E. Pine Street, Philip, SD 57567. Please contact the listing broker for additional details. Jeff Brooks is a licensed real estate broker in the State of South Dakota and part of the selling entity.
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Highlights

Listed by Jeffrey Brooks , 605-261-2215 Brooks Commercial Real Estate , 605-261-2215. REALTOR® Association of the Sioux Empire, Inc. mls logo

Property Type

Multi-Family
Lot/Acreage
0.4

Year Built

1927

County

Other (Out of Jurisdiction)

 Neighborhood

Other - Outside Jurisdiction

 School District

Haakon 27-1

Listing ID

22508616

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:1
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:
Appliances:Refrigerator, Range
Air Cond:Window Unit(s)
Fireplaces:
Floor:Carpet
Water:Public

Exterior Features

Lot Dimensions:See survey in Documents.
Roof:Other
Sewer:Public Sewer
Parking Features:Off Street
Principal Interest
$3,517
Taxes
$446

Home Price

$700,000

Loan Details

30 yrs
6.438%

Down Payment

20%
$140,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,516.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,516.78 $446.25 $0.00 $3,963.03
Yearly $42,201.34 $5,355.00 $0.00 $47,556.34
Total $1,266,040.17 $160,650.00 $0.00 $1,426,690.17

Today's Rates

30 Year

6.44%

20 Year

6.56%

15 Year

5.98%

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Market insight data is pulled from the same city as the listing being viewed (Philip, SD).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR® Association of the Sioux Empire, Inc., and is deemed reliable but not guaranteed accurate. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

IDX service by Blueroof 360

Data last updated: 2026-08-24T02:43:27.000Z

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