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2155 6th Lane SE Unit 303, Cambridge
$47,721
1 Beds ⋅ 1 Baths ⋅ 7167042 MLS
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!

2155 6th Lane SE Unit 303, Cambridge

Listing courtesy of Ebenezer Manage Services.

2155 6th Lane SE Unit 206, Cambridge
$59,999
2 Beds ⋅ 2 Baths ⋅ 7111328 MLS
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!

2155 6th Lane SE Unit 206, Cambridge

Listing courtesy of Ebenezer Manage Services.

2155 6th Lane SE Unit 101, Cambridge
$45,000
2 Beds ⋅ 2 Baths ⋅ 7037649 MLS
Enjoy easy, comfortable living at East Terrace Cooperative. A well-maintained 55+ cooperative offering true one-level convenience. Located on the first floor, this spacious unit features nearly 1,500 finished square feet with a thoughtful layout, two bedrooms positioned on opposite sides of the home, with a welcoming living room in between for added privacy.Recent updates include brand new carpet, new stylish wooden vinyl plank flooring in the kitchen & entryway,  fresh paint throughout and updated countertops making this home move-in ready. Step outside to your private patio, complete with a fenced area that is perfect for enjoying a little outdoor space of your own.This cooperative offers a strong sense of community with abundant shared amenities, including a community room, library, fitness area, workshop, and a large outdoor deck ideal for gathering. Additional conveniences include underground secure parking with extra storage, a manual car wash, and laundry facilities on each level.Located in the heart of Cambridge, you’ll enjoy close proximity to everyday needs, along with access to walking trails, a neighborhood exercise park, and even a community garden. Whether you’re looking to stay active and social or prefer a quieter lifestyle, this community offers the flexibility to do both.The management company handles nearly all of the day-to-day maintenance and upkeep, allowing for low-maintenance living while the unit shareholder is responsible for electricity. The building has also seen important updates, including a newer roof within the past few years, adding to the overall value and peace of mind.This property offers a wonderful blend of comfort, convenience, and community ready to welcome you home.

2155 6th Lane SE Unit 101, Cambridge

Listing courtesy of RE/MAX RESULTS.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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