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$ 369,900
Est. payment /mo
Active
3118 Newton AVE N Minneapolis, MN 55411
4 Beds
2 Baths
1,730 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex Side by Side
Listing Status Active
Purchase Type For Sale
Square Footage 1,730 sqft
Price per Sqft $213
Subdivision Hamischs 3Rd Add
MLS Listing ID 7029169
Bedrooms 4
Year Built 1914
Annual Tax Amount $3,603
Tax Year 2025
Contingent None
Lot Size 5,227 Sqft
Lot Dimensions Unknown
Property Sub-Type Duplex Side by Side
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. Lease information available upon request. Contact listing agent for details and showing information.
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. Lease information available upon request. Contact listing agent for details and showing information.
Location
State MN
County Hennepin
Rooms
Basement Unfinished
Interior
Heating Boiler
Fireplace No
Exterior
Garage Spaces 1.0
Building
Story Two
Foundation 870
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District Minneapolis
Listed by Mark Heinzman • Coldwell Banker Realty