Property Listing
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.
Property Information
Status: Active
Sub Type: ********
List Price: $369,900
MLS#: 7029169
Current Price: $369,900
Address: 3118 Newton Avenue N, Minneapolis, MN 55411
City: Minneapolis
State: MN
Postal Code: 55411
Geo Lat: 45.01283
Geo Lon: -93.30535
Subdivision: Hamischs 3rd Add
County: Hennepin
Property Description
Year Built: 1914
Lot Size SqFt: 5227.2
Gen Tax: 3603
Specials Inst: 0
High School: Minneapolis
Square Ft. Source:
Above Grade Finished Area: 1730
Below Grade Finished Area: 0
Below Grade Unfinished Area:
Total SqFt.: 1730
Style: Array
Total Bedrooms: 4
Total Bathrooms: 2
Total Full Baths:
Garage Type:
Garage Stalls: 1
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: