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$389,900

4 Beds 2 Baths 2,256 SQFT 0.27 Acres
Type: Multi-Family

405 Lake Boulevard S
Buffalo, MN 55313

MLS#: 7119689
Don Helmbrecht
Don Helmbrecht
The Real Estate Advantage
Agent
Phone: 612.202.2299
Office: 763.682.3030
Presented by: Engel & Volkers Prior Lake

Property Description

 

This beautifully updated Buffalo duplex offers the perfect blend of charm, functionality and investment opportunity. Whether you’re looking to owner-occupy and offset your mortgage with rental income or add a turnkey property to your portfolio, this one checks all the boxes! The main-level unit features 3 bedrooms, an updated full bath with a relaxing jetted tub, and an inviting open floor plan that makes everyday living and entertaining effortless. The updated kitchen is the heart of the home, featuring a center island and plenty of workspace and storage. Step outside to enjoy the large front porch, complete with a swing, perfect for morning coffee or winding down at the end of the day. The back of the home offers a large, private deck, creating an ideal outdoor retreat. Upstairs, the spacious 2-bedroom unit offers its own beautifully updated kitchen with stainless steel appliances, a tile backsplash and a convenient walk-in pantry. The updated ¾ bath features a stylish tiled shower and tile flooring. Each unit has its own private laundry, adding tremendous convenience for both residents and rental appeal. The upstairs unit also provides access to an unfinished attic space that has already been plumbed for a future second bathroom, offering an exciting opportunity to add additional finished living space and increase the property’s future value and income potential. And then there’s the location! Situated in a desirable Buffalo setting, this property is conveniently located near downtown Buffalo, local shops, restaurants, parks, schools, Buffalo Lake and area amenities, making it an attractive location for both homeowners and tenants. With its combination of updated interiors, separate living spaces, private outdoor areas, individual laundry and future expansion potential, this is the kind of property that makes sense today while offering room to grow tomorrow. Live in one unit, rent the other, or maximize the income potential with two tenants. Beautifully maintained, thoughtfully updated and ideally located—this is an investment opportunity you won’t want to miss!


 

Interior Features

Bedrooms

Total Bedrooms4

Bathrooms

Total Baths2

Other Interior Features

Above Grade Finished Area2,256 sqft
BasementDaylight/Lookout Windows, Full, Storage Space
Basement (Y/N)Yes
Below Grade Finished Area0 sqft
Foundation Dimensionsgetting
FuelNatural Gas
Garage Dimensions21x34
Garage Square Feet714
Laundry FeaturesIn Basement, In Unit

General

AccessibilityNone
Additional Parcels Y/NNo
Association AmenitiesOther
CityBuffalo
Construction MaterialsBlock
ContingencyNone
CountyWright
Directions55 to south on Central, follow to Lake Blvd, south to property
ElectricCircuit Breakers, 100 Amp Service
Electric Expense0
Fuel Expense0
Garage Spaces2
Gross Income32400
HeatingForced Air
High School DistrictBuffalo-Hanover-Montrose
Insurance Expense2100
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area2,256 sqft
Lot Size UnitsAcres
MaintenanceExpense0
New ConstructionNo
Number Of Units Total2
Operating Expense1500
OwnerPaysInsurance, Taxes
Pool FeaturesNone
PostalCityBuffalo
Property SubtypeDuplex Up and Down
Property TypeResidential Income
RoofAge 8 Years or Less, Asphalt, Pitched
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameSturges Park Add
Tax Annual Amount$4,764
Tax Year2026
Tenant PaysAll Utilities, Lawn Care, Snow Removal
Trash Expense0
Virtual TourClick here
Water Sewer Expense0
Year Built1892
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total3,783 sqft
FencingNone
Foundation Area1,359 sqft
Lot Dimensions114x105x51x142x26
Lot FeaturesTree Coverage - Medium
Lot Size Area0 sqft
Parking FeaturesConcrete, Shared Driveway, Garage Door Opener
Road Frontage TypeCity Street, Paved Streets, Sidewalks, Street Lights
Road ResponsibilityPublic Maintained Road
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

$389,900

4 Beds 2 Baths 2,256 SQFT 0.27 Acres
Type: Multi-Family

405 Lake Boulevard S
Buffalo, MN 55313

MLS#: 7119689
Don Helmbrecht
Don Helmbrecht
The Real Estate Advantage
Agent
Phone: 612.202.2299
Office: 763.682.3030