206 N Franklin Street Lake City, MN 55041

$275,000
Active
estimated monthly payment
2 Beds  |  2 Baths  |  1,152 Sq Ft  |  Single Family  |  MLS # 6736197
  • 206 N Franklin St
    206 N Franklin St
  • 3 Season Front Porch Entrance
    3 Season Front Porch Entrance
  • 1 1/2 Story Home with views of Lake Pepin
    1 1/2 Story Home with views of Lake Pepin
  • Front Entrance
    Front Entrance
  • 3 Season Front Porch
    3 Season Front Porch
  • Living Room
    Living Room
  • Dining Room
    Dining Room
  • Dining Room
    Dining Room
  • Kitchen
    Kitchen
  • Eat-In Kitchen
    Eat-In Kitchen
  • Eat-In Kitchen
    Eat-In Kitchen
  • Kitchen
    Kitchen
  • Main Floor Bedroom 1
    Main Floor Bedroom 1
  • Main Floor Bedroom 1 with Ensuite Full Bath
    Main Floor Bedroom 1 with Ensuite Full Bath
  • Main Floor Bedroom 1
    Main Floor Bedroom 1
  • Main Floor Full Bath off the Bedroom
    Main Floor Full Bath off the Bedroom
  • 3 Season Back Porch walks out to back Patio
    3 Season Back Porch walks out to back Patio
  • Spacious Back Patio
    Spacious Back Patio
  • Back Patio
    Back Patio
  • Park located behind home with swimming beach & picnic tables
    Park located behind home with swimming beach & picnic tables
  • View from back Patio
    View from back Patio
  • View from back Patio
    View from back Patio
  • Back Patio
    Back Patio
  • Bedroom 2 - 2nd Floor
    Bedroom 2 - 2nd Floor
  • Bedroom 2 - 2nd Floor
    Bedroom 2 - 2nd Floor
  • Bedroom 2 - 2nd Floor
    Bedroom 2 - 2nd Floor
  • Full Bath - 2nd Floor
    Full Bath - 2nd Floor
  • Full Bath - 2nd Floor
    Full Bath - 2nd Floor
  • Full Bath w/ Laundry - 2nd Floor
    Full Bath w/ Laundry - 2nd Floor
  • View of Lake from Back Patio
    View of Lake from Back Patio
  • Nearby Harbor
    Nearby Harbor
  • Fishing Pier just a few blocks from home
    Fishing Pier just a few blocks from home
  • GIS Map
    GIS Map

About The Listing

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.


Listing courtesy of Sonda J. Featherstone, Featherstone Real Estate, LLC
Purchase Price
Loan Type
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Interest Rate
Estimated Property Taxes
Homeowner's Insurance
HOA Dues
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Property Details

Features

 
 
 
Property Type: Single Family
Status: Active
Contingency Type: None
Year Built: 1890
MLS #: 6736197
Bedrooms: 2
Square Feet: 1,152
Bathrooms (Full): 2
Price Per Square Foot: $239
Bathrooms (Half) : 0
Bathrooms (Three Quarters) : 0
Garage Spaces: 2
Parking Description: Concrete
Sewer Description: City Sewer/Connected
Air Conditioning Type: Central Air
Water: City Water/Connected
Heat Type: Forced Air
Basement: Partial
Construction Description: Steel Siding, Wood Siding
Days On Market (Continuous): 1
Disability Features: None
Latest Update: 06/11/2025
List Date: 06/10/2025
Listing Agent ID: 505002670
Listing Office: Featherstone Real Estate, LLC
Listing Office ID: 26877
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Gas Water Heater, Microwave, Range, Refrigerator, Water Softener Owned
Fireplace Features: Electric
Number of Fireplaces: 1
Fence: Other, Partial
Lot Dimensions: 60x100
Lot Size: 0.14 Acres
View Description: Lake
School District: Lake City
Tax Year: 2025
Estimated Taxes: $2,134
Contingency Type: None
City: Lake City
Zip: 55041
County: Wabasha
Subdivision: Lake City
State: MN

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Listing last updated: 06/11/25

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