Property Listing
Description
Welcome to East Terrace Cooperative, a Hidden Gem in Cambridge, MN. Nestled in a lovely residential neighborhood, East Terrace Cooperative is a premier 55+ community just minutes away from excellent shopping, dining, and recreation. Here, you can truly enjoy maintenance-free living at its finest! When you purchase a share in this cooperative, your investment grows while you enjoy lower monthly costs through shared services. • How it works: You are purchasing the equity paid by the seller and assuming a portion of the building’s master mortgage allocated to your specific unit. • Simple qualification: Once financially qualified, you assume your share of the master mortgage, making the transition seamless. What’s Included? Your monthly member fee of $1,732.00 takes the guesswork out of budgeting. It is an all-inclusive fee that covers: • Financials: Your portion of the master mortgage (principal, interest, and mortgage insurance), property taxes, and master building insurance. • Utilities: Heat, water, sewer, trash removal, internet, cable, phone, and common area electricity/AC. • Maintenance & Management: Professional management, standard replacements, and all repairs/maintenance for both your unit and common areas (including appliances and fixtures). Member Responsibility: Members are only responsible for their personal unit electricity and an HO6 insurance policy. Home & Community Features Enjoy a spacious, one-level layout boasting 1,067 square feet of comfortable living space with recent modern updates. Beyond your front door, you’ll have access to fantastic, shared amenities: • Community room & library • Fitness area & workshop • Large outdoor deck • On-site car wash • Convenient laundry rooms on each level At East Terrace, you aren't just buying a share in a cooperative; you're joining a community. You even have the opportunity to join a committee and have a direct voice in the cooperative's operations!
Property Information
Status: Active
Sub Type: ********
List Price: $59,999
MLS#: 7111328
Current Price: $59,999
Address: 2155 6th Lane SE, 206, Cambridge, MN 55008
City: Cambridge
State: MN
Postal Code: 55008
Geo Lat: 45.56567
Geo Lon: -93.199071
Subdivision: Parkwood On The Lakes 4th Add
County: Isanti
Property Description
Year Built: 2006
Lot Size SqFt: 435.6
Gen Tax: 810
Specials Inst: 0
High School: Cambridge-Isanti
Square Ft. Source:
Above Grade Finished Area: 1067
Below Grade Finished Area: 0
Below Grade Unfinished Area:
Total SqFt.: 1067
Style: Array
Total Bedrooms: 2
Total Bathrooms: 2
Total Full Baths: 0
Garage Type:
Garage Stalls: 1
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain: Array
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: