2155 6th Lane SE Unit 303, Cambridge, MN 55008

$47,721
1
BD
1
BA
852
SqFt

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List Price
$47,721
MLS#
7167042
Status
ACTIVE
Type
Condo
Bedrooms
1
Bathrooms
1
Living Area
852
Acres
0.01
Subdivision
Parkwood On The Lakes 4th Add
Year Built
2006

Property 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 $1,391.00 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!

Additional Information

School District
Cambridge-Isanti
Amenities Shared
Car Wash, Laundry, Common Garden, Deck, Elevator(s), Fire Sprinkler System, In-Ground Sprinkler System, Lobby Entrance, Patio, Security Building
Amenities Unit
Balcony, Cable, Indoor Sprinklers, Local Area Network, Primary Bedroom Walk-In Closet, Natural Woodwork
Appliances
Dishwasher, Disposal, Microwave, Range, Refrigerator
Tax Year
2026
Fuel
Natural Gas
Lot Description
Corner Lot
Sewer
City Sewer/Connected
Roof
Age Over 8 Years
Shared Rooms
Community Room, Exercise Room, Guest Suite
Common Wall
Yes
Air Conditioning
Central Air
Heating
Forced Air
Water
City Water/Connected
Basement
None
Parking
Assigned, Attached Garage, Asphalt, Garage Door Opener, Guest Parking, Heated Garage, Insulated Garage, Parking Lot, Paved Lot, Underground
Garage Spaces
1

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Listing courtesy of Ebenezer Manage Services.

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