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Street View
$525,000
9 Beds
- 3 Baths
3,052sqft
3108 Elliot Ave, Minneapolis, MN 55407
$525,000
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Triplex
Built in 1894
$-- HOA
4,792 sqft lot
$172/sq.ft
Description
Rare opportunity to acquire a tri-plex with below-market financing! 2.5% ASSUMABLE LOAN – SAVE $700-$800/MO/$9000 ANNUALLY vs today’s rates. Buyer can assume approx. $432K at 2.5% creating a dramatically lower monthly payment than current market financing. Additional income from coin-operated laundry. Major capital improvements including NEW ROOF (2025), new sewer line (2024), updated electrical, boiler and chimney brought up to code. Fully rented triplex with separate gas and electric, hardwood floors, abundant natural light, basement storage, on-site laundry, PRIVATE OFF-STREET PARKING, and a backyard space. Located 2 blocks from 66-acre Powderhorn Park (with central...
Continue ReadingProperty Details
Status
Pending
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1894
HOA Fees
-
Finished Area
3,052 sqft
Lot Size
4,792 sqft lot
Basement Area
- sqft
MLS Name
Northstar MLS
MLS Number
7024111
Days on Market
167
Cumulative Days on Market
161
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