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3118 Newton Avenue N, Minneapolis, MN 55411

$339,000
SQUARE FEET 1,730
MLS# 7161680
  • 3118 Newton Avenue N, Minneapolis, MN 55411 Main Photo

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Derrick Guevremont

Derrick Guevremont
Call: (507) 272-8018

STATUS: Active
PROPERTY TYPE: Multi Unit - Multiple
SUBDIVISION: Hamischs 3rd Add
SCHOOL: Minneapolis

Property Description

UP TO $97,000 IN POTENTIAL HOMEBUYER ASSISTANCE MAY BE AVAILABLE ? PLUS $3,400/MONTH IN CURRENT RENTAL INCOME! Eligible owner-occupants may have access to multiple homebuyer assistance programs, potentially including up to $45,000 through the Advancing Black Homeownership Community Fund, up to $32,000 in first-generation assistance, and up to $20,000 through the City of Minneapolis, subject to individual eligibility, available funding and program requirements. Not all programs may be combined.Both units are currently leased with $3,400/month in combined rental income. The lower level offers additional finished space, a framed bedroom area and rough-ins for a future kitchen and bathroom, creating potential for additional value. Buyer to verify zoning, permits, code compliance and permitted use with the City of Minneapolis.An opportunity to combine rental income with potentially substantial homebuyer assistance.

3118 Newton Avenue N | MLS# 7161680

This multi-family property located at 3118 Newton Avenue N, Minneapolis, MN 55411 is currently listed for sale with an asking price of $339,000. Newton Avenue N is located within the Minneapolis school district. Search Minneapolis real estate on derrick.counselorrealtyofrochester.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Garage: 1
Heating: Boiler
Lot Size: 0.12 Acres
Taxes: $3,603
Year Built: 1914

Feature Descriptions

Days on Site: 1
Foundation Size: 870
Lot Dimensions: Unknown
Parcel#: 0902924320150
Sewer: City Sewer/Connected
Units: 2
Water: City Water/Connected

Local Schools

School District: Minneapolis

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty
Agency Phone: 651-452-5950

Shown By

Agent Name: Derrick Guevremont
Agent Phone: (507) 272-8018
Agency Title: Counselor Realty

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Estimated Payment

$ 2,203.43 per month $1,804.30 Principal & Interest $300.25 Property Tax $98.88 Homeowner's Insurance

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