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$349,900

4 Beds 3 / 1 Full / Half Baths 2,388 SQFT 0.25 Acres
Type: Multi-Family

911 2nd Avenue S
Buffalo, MN 55313

MLS#: 7089211
Adam Warhol
Adam Warhol
The Real Estate Advantage
SRES, Realtor
Phone: 651.214.2444
Office: 952.226.7700
Presented by: Bridge Realty, LLC

Property Description

 

Rare opportunity to own a fully leased duplex in Buffalo with $34,140 in scheduled annual rental income! This well-maintained property offers two spacious units, strong rental history, and significant recent improvements. The upper unit features 3 bedrooms, 2 bathrooms, in-unit laundry, and is leased at $1,595/month through May 2027, with a scheduled increase to $1,645/month. The lower unit offers 1 bedroom plus den, 2 bathrooms, in-unit laundry, and has a new one-year lease beginning October 2026 at $1,250/month. Major improvements include new roof and siding (2024), new garage door (2024), newer windows, updated flooring in both units, and additional interior updates. Shared garage and separate entrances. Convenient Buffalo location near downtown, schools, parks, shopping, restaurants, lakes, and easy access to Hwy 55 and Hwy 25. A rare opportunity to own a turnkey duplex with established rental income and limited competing duplex inventory. Lease and rental information available upon request. Agent owned.


 

Interior Features

Bedrooms

Total Bedrooms4

Bathrooms

Total Baths4

Other Interior Features

Above Grade Finished Area1,288 sqft
BasementBlock, Finished, Walkout
Basement (Y/N)Yes
Below Grade Finished Area1,100 sqft
FuelNatural Gas
Garage Square Feet400
Laundry FeaturesIn Unit

General

AccessibilityNone
Additional Parcels Y/NNo
CityBuffalo
Construction MaterialsBlock
ContingencyNone
CountyWright
DirectionsFrom Hwy 55 in Buffalo, Minnesota, south on Hwy 25/Central Ave, right on Settlers Parkway, left on 2nd Ave S to property on right.
ElectricCircuit Breakers
Electric Expense78
Fuel Expense1570
Garage Spaces2
Gross Income33360
HeatingBaseboard, Boiler
High School DistrictBuffalo-Hanover-Montrose
Insurance Expense1570
Land Lease Y/NNo
Lender OwnedNo
LevelsOne
Living Area2,388 sqft
Lot Size UnitsSquare Feet
MaintenanceExpense376
New ConstructionNo
Number Of Units Total2
Operating Expense2284
OwnerPaysGas, Heat
PostalCityBuffalo
Property SubtypeDuplex Up and Down
Property TypeResidential Income
RoofAge 8 Years or Less
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameLakeview Heights 2nd Add
Tax Annual Amount$4,576
Tax Year2026
Tenant PaysCable TV, Electricity, Hot Water, Lawn Care, Sewer, Snow Removal, Trash Collection, Water
Trash Expense0
Water Sewer Expense260
Year Built1973

Exterior

Building Area Total2,388 sqft
Foundation Area1,118 sqft
Lot Dimensions92x120x90x120
Lot Size Area10,908 sqft
Parking FeaturesAttached Garage, Concrete
Road Frontage TypeCity Street
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School N/A
High School N/A
Middle School N/A

  

Similar Properties

$349,900

4 Beds 3 / 1 Full / Half Baths 2,388 SQFT 0.25 Acres
Type: Multi-Family

911 2nd Avenue S
Buffalo, MN 55313

MLS#: 7089211
Adam Warhol
Adam Warhol
The Real Estate Advantage
SRES, Realtor
Phone: 651.214.2444
Office: 952.226.7700