For Sale: Buffalo MLS# 7089211
Active
$359,000
Multi-family: Duplex Up and Down
4 br • 4 ba • Built 1973
2,388 sqft • 0.25 acres
Buffalo-Hanover-Montrose schools
MLS# 7089211
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Property Description
Rare duplex opportunity in Buffalo! Well-maintained and updated investment property in a great location close to downtown Buffalo, schools, parks, shopping, restaurants, and lakes. Property features a spacious upper 3 bedroom/2 bath unit and lower 1 bedroom + den/2 bath unit, both with in-unit laundry. Major updates include new roof & siding (2024), new garage door (2024), newer windows, updated flooring, and numerous interior improvements. Shared garage and solid rental history make this a great long-term investment opportunity. Upper unit recently leased with new 2-year lease in place. Strong rental demand area with easy access to Hwy 55 and Hwy 25. Lease and rental information available upon request.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$359,000
Price per sq ft:
$150
Property Type:
Multi-family
City:
Buffalo
Garage Spaces:
2
County:
Wright
Year Built:
1973
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55313
Subdivision Name:
Lakeview Heights 2nd Add
Interior
Bedrooms:
4
Bathrooms:
4
Finished Area:
2,388 ft2
Living Area:
2,388 ft2
Refrigerators:
Two
Basement Details:
- Block
- Finished
- Walkout
Exterior
Stories:
One
Garage Spaces:
2
Garage Size:
400 ft2
Foundation Size:
1,118 ft2
Handicap Accessible:
None
Heating System:
- Baseboard
- Boiler
Parking Features:
- Attached Garage
- Concrete
Road Frontage:
City Street
Exterior Material:
Block
Roof Details:
Age 8 Years or Less
Rooms
Laundry:
In Unit
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.25
Geolocation:
45.157756, -93.874669
Lot Dimensions:
92 x 120 x 90 x 120
Schools
School District:
877
District Phone:
7636828707
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$78
Annual Fuel Expense:
$1,570
Annual Insurance Expense:
$1,570
Annual Maintenance Expense:
$376
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$260
Tenant Expenses:
Cable TV, Electricity, Hot Water, Lawn Care, Sewer, Snow Removal, Trash Collection, Water
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$4,576
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,576
Income
Annual Gross Income:
$33,360
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Bridge Realty, LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.