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164 Cedar Lake Rd N, Minneapolis (Unit A Design)

Minimum Borrower Income Required*:

Habitat Homebuyer: $44,790
SPCP Participant: $35,410

Maximum AMI: 60%

*subject to eligibility review

Estimated Fair Market Value: $275,000
Land Trust Sales Price: $90,000

Picture of Andrea Gallagher Andrea Gallagher Oct 21, 2024 12:52:23 PM

Property Photos

Brand-new 2 bed 1.5 bath townhome! Don't miss out on this opportunity to join an exciting new community in the Harrison neighborhood of Minneapolis. 

Enjoy a spacious main level, with an open concept living and dining area. The L-shaped kitchen offers extra counter space and bar seating. This home features brand-new kitchen appliances, luxury vinyl flooring, and other modern finishes.  

On the upper level you'll find two large bedrooms, a full bathroom, and laundry. 

Each unit comes with a 1 car garage and 1 exterior parking space, plus 3 guest parking spots! Mud room and utility room located on the garage level. 

This unit is part of a 3-building, 17-unit townhome development. Read more about this exciting project here. 

 

Property Details

Information deemed reliable
but not guaranteed

2 bedrooms (2nd level)
   Bedroom 1: 9'-10" x 12'-0"
   Bedroom 2: 9'-9" x 12'-0"
1.5 bathrooms 
   1/2 bath on first floor
   Full bath on second floor
1,196 finished sq. ft. (approximate)

2 story new construction townhome
1-stall tuck-under garage

Energy Star Certified

Property is in a Land Trust
Land Trust Fee: $20/month
HOA Dues: $445/month
Estimated Real Estate Taxes: $1,350

Construction is complete and townhome is ready for move-in! 

 

Details of what is around:

Convenient Minneapolis location, just minutes from downtown. Easy access to I-94 and I-394. 

Local cafes, restaurants, and markets on Glenwood Ave.

Enjoy biking, walking, and other outdoor activities at Bryn Mawr Meadows Park and Theodore Wirth Park. 

Local Schools
Bryn Mawr Elementary School
Anwatin Middle School
North High School
https://exploremps.org 
Walking distance to Dunwoody College of Technology. Close to University of Minnesota campus, easily accessible via public transit. 

 

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.

Interested in this home? Let us know!

Interested in Habitat homeownership?

Find out if you're eligible today!

 

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Habitat Homebuyers

Look to see if the property you’re interested in is listed on your property letter. If this home is on your letter, mark the box on your letter next to it, and return your letter to Habitat by the given deadline.