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| 2BR/2.0BA | 2 bed | 2 bath | $1,425 /mo | 1 unit available | Spacious 2 BR Town Home with garage and full basement. Basement includes hook up for washer and dryer (tenant supplies their own washer and dryer). Each unit has a private patio with space for a grill, table and gardening. 1 indoor garage included with space for a car and storage! Additional surface parking available. Hardwood floors in the bedrooms, carpet throughout the remainder of the unit. Conveniently located just 2 blocks East of Hwy 169, on Medicine Lake Road and Flag Ave. N. in New Hope. Presidential Estates Townhouses is a rental community with an on-site professional manger. Tenant pays for Electricity, Heat and pro-rata share of Water/Sewer & Trash We welcome cats. No pet dogs. We are not a participant in the section 8 program. $40 Application fee and Full month deposit are required. Leasing Criteria Applicants must meet the following minimum requirements to qualify for tenancy: • Income: Verifiable gross monthly income of at least three (3) times the monthly rent • Credit: Minimum credit score of 600 • Rental History: Satisfactory rental history with no prior evictions • Criminal Background: Subject to criminal background screening in accordance with applicable state and local law All applicants are considered without regard to race, color, national origin, religion, sex, disability, familial status, marital status, sexual orientation, gender identity, age, public assistance status, or any other protected class under the Minnesota Human Rights Act and federal Fair Housing Act. Criteria are applied consistently to all applicants. |
Let's explore this property.
One-time.
One-time. Refundable.
| Units | 12 |
|---|
SPACIOUS 2- AND 3-BEDROOM TOWNHOMES INCLUDES A 1-CAR GARAGE STALL AND FENCED IN PORCH AREA Presidential Estates Townhomes are located just 2 blocks from Highway 169. In close proximity to Medicine Lake and French Regional Park, our New Hope, MN location offers a neighborhood environment with plenty of outdoor activities nearby. Each unit has an attached fenced in porch area to enjoy the beautiful Minnesota summers. We also have garage parking to keep your car free of snow in the winter! Our townhomes have basements with washer and dryer hook ups (tenant to supply washer and dryer), spacious floor 2- and 3-bedroom floor plans, full kitchens, ample closest space, and are Direct TV ready.
How Presidential Estates Townhomes compares to other nearby properties.
Considerations
2-bedroom apartments at Presidential Estates Townhomes cost about 2% more than the average rent price for 2-bedroom apartments in New Hope.
| Month | Median Rent |
|---|---|
| August 2024 | $950 |
| September 2024 | $950 |
| October 2024 | $950 |
| November 2024 | $1,000 |
| December 2024 | $1,100 |
| January 2025 | $1,177 |
| February 2025 | $1,112 |
| March 2025 | $1,110 |
| April 2025 | $1,100 |
| May 2025 | $1,085 |
| June 2025 | $1,025 |
Can I afford to live at 2701 Flag Ave N #9200-9214 Medicine Lake Rd?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$57,000/yr
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