Own a share in the cooperative, grow your investment, and enjoy lower monthly costs through shared services. When you purchase a share in a cooperative, you are assuming a portion of the master mortgage on the building allocated to the unit. Buyer is purchasing the equity amount paid by the seller on the master mortgage. After financially qualifying, the buyer assumes their portion of the master mortgage on the building for their share on the unit. In addition to private features, shared resources include: the monthly member fee of $1,779.00 and includes: buyers' portion of the master mortgage, principal, taxes, mortgage insurance, master insurance on the building, all operating expenses: professional management, water, sewer, trash removal, heat, common area electricity and common area air conditioning, internet, cable, phone, standard replacements, repairs and maintenance of unit and common area appliances and fixtures. Members are responsible for unit HO6 policy and unit electricity. Close proximity to State and local trail systems. Lake Phalen is within 1/2 mile. Outdoor recreational areas. Easy bus line to Downtown St. Paul. Excellent view from deck with treelined shade. Free laundry located next to the unit along with locked storage. The cooperative is actively driven by the Board of directors, committee and member involvement. Unit and common area maintenance is completed by a full-time cooperative Maintenance Technician. The Property Manager works on-site and assists with the day-to-day operations.
Based on the average sale price from the Faribault, MN office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
1355 Phalen Boulevard # 206 Saint Paul, MN is a Single Family Home for sale at $60853 with 1141 sqft and a lot size of 2.179 Acres Acre(s). 1355 Phalen Boulevard # 206 Saint Paul has 1 bedrooms, 1 baths and was built in 2003. The property's zip code is 55106 which is in Saint Paul, MN
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.