206 N Franklin Street, Lake City, Minnesota 55041

MN, Lake City
$275,000
  • 2 Beds
  • 2 Bath
  • Residential Property Type
  • 1890 Year Built
  • Pending Status
See All 33 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property 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, ideal for enjoying evening bonfires under the stars. A detached 1-car garage offers storage for beach gear, bikes, or outdoor equipment. This home has a strong history as a vacation rental, with reservations already booked through October 2025. Sellers won’t close until end of October 2025.
Seller and Listing Agent are Related.

Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 6736197
  • Price: $275,000
  • View: Lake
  • Year Built: 1890
  • Listing Status: Pending
  • Office Name: Featherstone Real Estate, LLC
  • Full Bathrooms: 2
  • Property Sub Type: Single Family Residence
Features
  • Heating System Forced Air
  • Cooling System Central Air
  • Basement Partial
  • Fence Other,Partial
  • Fireplace Electric
  • Parking Concrete
  • Fireplaces Total: 1
  • Sewer City Sewer/Connected
Appliances
  • Microwave
  • Refrigerator
  • Range
  • Water Softener Owned
  • Gas Water Heater
Address Map
  • Country US
  • State MN
  • County Wabasha
  • City Lake City
  • Zipcode 55041
  • Street: Franklin
  • Street Number: 206
  • Street Suffix: Street
  • Longitude: W93° 43' 59.8''
  • Latitude: N44° 27' 5.2''
  • Directions: Hwy 61 to Lake City, left on Park St. to Franklin, home on the left.
  • Street Dir Prefix: N
Neighborhood
  • High School District: Lake City
MLS Addon
  • Office Name: Featherstone Real Estate, LLC
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: None
  • Building Size: 1536
  • Construction Materials: Wood Siding,Steel Siding
  • Garage: 2
  • Levels: One and One Half
  • Lot Size Dimensions: 60x100
Financial
  • Tax Annual Amount: 2134
Listing Information
  • List Agent Mls Id: 505002670
  • List Office Mls Id: 26877
  • Modification Timestamp: 2025-08-07T23:39:03Z
  • Originating System Name: NorthStar
Mortgage Calculator
$
$ %
years
%
$ % per year
$ %per year
$