2155 6th Lane SE Unit 206, Cambridge, MN 55008
- $59,999
- 2
- BD
- 2
- BA
- 1,067
- SqFt
- List Price
- $59,999
- Days on Market
- 11
- MLS#
- 7111328
- Status
- ACTIVE
- Type
- Single Family Residential
- Bedrooms
- 2
- Bathrooms
- 2
- Living Area
- 1,067
- 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 $1,732.00 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!
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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, Security Building
- Amenities Unit
- Balcony, Cable, Ceiling Fan(s), Deck, Indoor Sprinklers, Kitchen Center Island, Local Area Network, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Walk-In Closet
- Appliances
- Dishwasher, Disposal, Range, Refrigerator
- Tax Year
- 2025
- Fuel
- Natural Gas
- Lot Description
- Corner Lot, Tree Coverage - Medium
- Sewer
- City Sewer/Connected
- Roof
- Age 8 Years or Less
- 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, Parking Lot, Paved Lot, Tuckunder Garage, Underground
- Garage Spaces
- 1
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