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1406 22nd St E, Minneapolis

Minimum Borrower Income Required*:

Habitat Homebuyer: $55,470
SPCP Participant: $45,020

Maximum AMI: 80%

*subject to eligibility review
**this property has a Maximum Borrower Income limit, check with your Habitat staff contact to confirm eligibility

Estimated Fair Market Value: $345,000

Picture of Andrea Gallagher Andrea Gallagher Aug 29, 2024 11:00:00 AM

Property Photos

Spacious new construction 5 bedroom home in south Minneapolis! Lots of space to spread out and room on the lower level to expand!


The main floor feels spacious with an open concept layout, providing flexibility and ease. The galley style kitchen features brand-new appliances and plenty of cabinet space. 4 bedrooms are located on the second floor and 1 bedroom is located on the first floor. There's also a bonus "loft" area, which could be a work space, play room, storage, or more!

The egress window in the basement gives you the option of adding a 6th bedroom later on!

--Photos are not of this unit, but a comparable unit. They are included here for getting a sense of the finished product.  The floor plans are of the unit being built.--

 

Property Details

Information deemed reliable
but not guaranteed

5 Bedrooms
   Bedroom 1 (main): 9'-7" x 13'-3"
   Bedroom 2 (upper): 12-8" x 8-2"
   Bedroom 3 (upper): 9'-3" x 9'-3"
   Bedroom 4 (upper): 9'-3" x 10'-9"
   Bedroom 5 (upper): 10'-4" x 13'-3"
2 bathrooms
   1 full bath on main level
   1 full bath on upper level
2,532 finished sq. ft (approximate)

2-story new construction home
2 stall detached garage

Energy Star Certified

Property is in a Land Trust
Land Trust Fee: $20/month
Estimated Real Estate Taxes: $2,588

Construction completion:
Planned for November 2024

Details of what is around:

Convenient south Minneapolis location, right off I-35W and I-94 and just minutes from downtown Minneapolis.

Abundant options for shopping, restaurants, and entertainment nearby.

Several small neighborhood parks within walking distance. Plus plenty of nearby trails and green space along the Mississippi River.

Local Schools
Folwell Elementary School
Anderson United Middle School
South High School
https://exploremps.org 
Dunwoody School of Technology, Minneapolis College of Art and Design, and Minneapolis College are just some of the many continuing education options nearby. 

 

Do you have additional cash savings for down payment?

If you have additional cash savings in addition to the required $6,300 savings, you could potentially qualify to purchase a house at a lower income if you use additional cash assets as a down payment.

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