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Active NEW!
$295,000
/mo Edit
Condo/Townhome:  High Rise (4+ Levels)
1 br • 1 ba • Built 2006
707 sqft
Minneapolis schools
MLS# 6650403
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    Property Description

    This attractive and ultra-convenient condo is above Lunds & Byerlys and Caribou Coffee with private condo lobby access. It features floor-to-ceiling windows, private balcony, in-unit laundry, heated underground parking, & storage. Despite being the smallest layout in the building, its smart floor plan is incredibly efficient with lots of storage. Amenities include exercise room, conference room, car wash, & fiber optic internet & cable. The HOA is financially sound with $2 million+ reserves & never a special assessment. Dues include everything but electric (avg $60/mo.) The building's on-site caretaker & manager are experienced, friendly, & extremely attentive. Cobalt has 5 convenient guest stalls in the garage. This popular European-style walking neighborhood in NE Minneapolis' Old Town Business District is nestled amongst parks, the Riverfront, shops, restaurants, & historic charm. Escape the hustle & bustle on the downtown side of the river & enjoy the same great award-winning cuisine & urban amenities in a more intimate setting. Pet friendly.

    Listing

    Contingency: None
    Price per sq ft: $417
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: High Rise (4+ Levels)
    Zip Code: 55414
    Neighborhood/Area: Nicollet Island - East Bank
    Subdivision Name: Cobalt Condominiums

    Interior

    Living Area: 707 ft2
    Common Wall: Yes
    Appliances Included:
    • Dishwasher
    • Dryer
    • Microwave
    • Range
    • Refrigerator
    • Washer
    Basement Details: None

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 1
    Air Conditioning: Central Air
    Foundation Size: 707 ft2
    Handicap Accessible: Doors 36"+, Accessible Elevator Installed, No Stairs Internal
    Heating System: Radiant
    Parking Features:
    • Assigned
    • Garage Door Opener
    • Heated Garage
    • Underground
    Shared Amenities:
    • Car Wash
    • Elevator(s)
    • Fire Sprinkler System
    • Lobby Entrance
    • Security
    Unit Amenities:
    • Balcony
    • Hardwood Floors
    • Indoor Sprinklers
    • Natural Woodwork
    • Tile Floors
    Exterior Material: Other
    Roof Details: Rubber

    Rooms

    1/4 Baths: None
    Full Baths: 1
    Half Baths: None
    3/4 Baths: None
    Shared Rooms:
    • Community Room
    • Exercise Room
    Main Level Size Sq Ft
    Living Room  14 x 12  168 
    Kitchen  12 x 12  144 
    Bedroom 1  13 x 12  156 
    Deck  6 x 10  60 

    Lot & Land

    Acres: 0
    Geolocation: 44.9875362676, -93.2550118903
    Lot Dimensions: 0
    Addl Parcels: 2302924130796
    Restrictions:
    • Mandatory Owners Assoc
    • Pets - Cats Allowed
    • Pets - Dogs Allowed
    • Pets - Number Limit
    • Pets - Weight/Height Limit
    Zoning: Other

    Schools

    School District: 1
    District Phone: 612-668-0000

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $3,310
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,310
    Association Fee Required: Yes
    Association Fee: $530
    Association Fee Frequency: Monthly
    Association Fee Includes:
    • Air Conditioning
    • Cable TV
    • Controlled Access
    • Gas
    • Hazard Insurance
    • Heating
    • Internet
    • Lawn Care
    • Maintenance Structure
    • Parking
    • Professional Mgmt
    • Sewer
    • Shared Amenities
    • Trash
    Association Company: First Service Residential
    Association Company Number: 952-277-2700

    Units

    Unit Number: 404

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Xcel Energy

    Mortgage Calculator

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    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Verve Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.