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American AllStar Realty

American AllStar Realty

Property2.85% Assumable
1 / 21

$750,000

($154,852 down)
FHA

3923 Chicago Avenue, Minneapolis, MN 55407

N/A
N/A
5,500 sqft
PITI Monthly
$4,260.64 /mo

Assumed Rate

2.85%
7.15%

Principal & Interest

$2,721 /mo
$4,443 /mo
$76,037 in interest paid off

Listing courtesy of: , Bridge Realty, LLC

What's Special

LOCATIONSPACIOUSHOME OFFICEINVESTMENT OPPORTUNITY

Outstanding, income generating 4- plex building in a desirable location-across from Phelps Park and on a bus line. Featuring four spacious units - 1100 sq. feet each. Three of the units feature (2 bedrooms, 1 bath, 1 tucked under car garage and 1 storage room) per unit, 4th Unit features (2 bed/1 bath + heated 4 season’s porch-home office, 1 garage and 1 storage room). None conforming fifth unit in the basement utilized as a maintenance and storage room. Old charm featuring-hard wood floors, crown molding, built in buffet, tiled bathrooms and kitchens, newer appliances, roof replaced in 2016, coin operated washers and dryers in basement. This is an excellent investment opportunity!

Gradient Jack

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.85
Remaining Loan Term
25 years, 9 months
Monthly PITI
$4,260.64/mo
Estimated Loan Balance
$625,427
Cash to close
$154,852
Interest Paid
$76,037

Facts & Features

Interior

Bedrooms & Bathrooms
  • BedroomsN/A
  • BathroomsN/A
Cooling & Heating
  • CoolingN/A
  • HeatingBoiler, Hot Water, Radiant
Interior Features
  • MaterialsStucco
  • CommunityUnknown
  • FireplaceNo
  • Fireplace FeaturesN/A
  • FlooringN/A

Exterior

Fencing
  • FencingN/A
Roof
  • RoofN/A
Parking
  • GarageNo
  • Garage Spaces4
  • CarportNo
  • Carport SpacesN/A
Water
  • SewerCity Sewer/Connected
  • Water SourceCity Water/Connected
Pool
  • Has PoolNo
  • Pool FeaturesN/A

Construction

Type & Style
  • StoriesN/A
  • Home TypeQuadruplex
  • Architectural StyleN/A
Materials
  • Construction MaterialsStucco
  • RoofN/A
Condition
  • Year Built1925
Details
  • BuilderN/A

Community & HOA

Community
  • SubdivisionChicago Ave Park
  • FeaturesNone
HOA
  • Has HOANo
Location
  • RegionMinneapolis

Financial Details

Financial Info
  • Price per Sqft$136.36
  • Tax Annual Amount$10,288
  • On Market Date2025-07-08T07:00:00.000Z
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MLS ID: NST6750978

Listing From: northstar

Last updated: 2025-07-09T17:05:07.000Z

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American Allstar Realty

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