206 N Franklin Street, Lake City, MN 55041 (MLS# 6736197)

206 N Franklin Street, Lake City, MN 55041

$265,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,536 Lot Size (sq. ft.): 5,663 Status: Closed
Current Price: $265,000 List Date: 6/10/2025 Last Modified: 10/07/2026

Overview

Description

Charming Lake Pepin View Home – Successful Vacation Rental Opportunity. Enjoy stunning views and a prime location with this well-maintained 2-bedroom, 2-bath home just steps from the public beach, marina, river walk, and vibrant downtown. Whether you're looking for a personal getaway or a proven investment, this property offers both lifestyle and income potential. Enjoy Bright & Inviting Living Spaces. The main floor welcomes you with a sunny three-season porch—perfect for morning coffee or evening relaxation. A spacious living room flows into a large dining area featuring an electric wall fireplace for cozy ambiance. The main-level en-suite bedroom includes a full bath for added convenience. The full kitchen provides everything needed for everyday living or hosting guests. Upstairs, you'll find a second bedroom and a spacious, full bath combined with laundry facilities. Even the bathroom offers views of Lake Pepin. The backyard patio is a favorite gathering spot for guests, id ...

Listing Details MLS# 6736197

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Waterfront YN
No
Year Built
1890
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
2
Main Floor Total SqFt
768
Above Grd Total SqFt
1152
Below Grd Total SqFt
384
Total SqFt
1536
Total Finished Sqft
1152.00
FireplaceYN
Yes
Style
(SF) Single Family
Foundation Size
384
Garage Stalls
1.5
Lot Dimensions
60x100
Acres
0.13
Assessment Pending
No

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Ceiling Fan(s); Hardwood Floors; In-Ground Sprinkler; Kitchen Window; Tile Floors Appliances: Microwave; Range; Refrigerator Basement: Partial Bath Description: Main Floor Full Bath; Upper Level Full Bath; Bathroom Ensuite Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Separate/Formal Dining Room Exterior: Steel Siding; Wood Fencing: Partial; Other Financing Terms: Cash Fireplace Characteristics: Electric Foundation: Stone Fuel: Natural Gas Heating: Forced Air Laundry: In Unit; Upper Level Lock Box Type: None Rental License Type: Other Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Special Search: 2nd Floor Laundry; Main Floor Bedroom Stories: One and One Half Water: City Water/Connected Waterfront View: Lake

Contract Information

Off Market Date
2025-07-01
Contingency
None
Closed Date
2025-10-06
Original List Price
275000
Sales Close Price
265000
ListPrice
275000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
206
Street Direction Prefix
N
Street Name
Franklin
Street Suffix
Street
Postal City
Lake City
County
Wabasha
State
MN
Zip Code
55041
Complex/Dev/Subdivision
Lake City

Assessments

Tax With Assessments
2134

Basement

Foundation Dimensions
24x16

More Information

Building Information

Finished SqFt Above Ground
1152

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
16x28
Garage Square Feet
448

Public Survey Info

Range#
12
Section#
4
Township#
111

Room Information

Room Name Level
Second (2nd) Bedroom Upper
Three Season Porch Main
Three Season Porch Main
Primary Bath Main
First (1st) Bedroom Main
Kitchen Main
Dining Room Main
Living Room Main
Porch Main
Patio Main
Bathroom Upper
IDX
Listing Office: Featherstone Real Estate, LLC
Last Updated: October - 07 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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