We present a study of elastic metamaterial that possesses multiple local resonances. We demonstrated that the elastic metamaterial can have simultaneously three negative effective parameters, i.e., negative effective mass, effective bulk modulus and effective shear modulus at a certain frequency range. Through the analysis of the resonant field, it has been elucidated that the three negative parameters are induced by dipolar, monopolar and quadrupolar resonance respectively. The dipolar and monopolar resonances result into the negative band for longitudinal waves, while the dipolar and quadrupolar resonances cause the negative band for transverse waves. The two bands have an overlapping frequency regime. A simultaneously negative refraction for both longitudinal waves and transverse waves has been demonstrated in the system.