For Sale: Lake City MLS# 6729350
Active
NEW!
$749,900
Multi-family: Duplex Side by Side
Built 1917
2,104 sqft ⢠0.06 acres
Lake City schools
MLS# 6729350

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Property Description
Rare investor opportunity! Don't miss your chance to own this exceptional duplex featuring breathtaking, unobstructed views of Lake Pepin. Perfectly positioned and well-maintained, this property offers outstanding flexibility-live in one unit and rent the other, generate income through short-term rentals, or add a solid asset to your investment portfolio. Each unit is designed to maximize natural light and lake views, with expansive patio doors that open onto patio...ideal for relaxing and soaking in the stunning scenery. Walking distance to the river walk, downtown shopping, dining, beach and marina.
Whether you're looking for a scenic retreat with income potential or a smart investment in a sought-after location, this duplex offers the best of both worlds-value and beauty with a view.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$749,900
Price per sq ft:
$356
Property Type:
Multi-family
City:
Lake City
Garage Spaces:
2
County:
Wabasha
Year Built:
1917
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55041
Subdivision Name:
Lake City
Interior
Finished Area:
2,104 ft2
Living Area:
2,104 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Block
- Partial
Exterior
Stories:
Modified Two Story
Garage Spaces:
2
Garage Dimensions:
20x19
Garage Size:
380 ft2
Foundation Size:
1,209 ft2
Fencing:
Composite
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Shared Amenities:
None
Road Frontage:
City Street
Exterior Material:
Aluminum Siding
Roof Details:
Age Over 8 Years
Lake & Waterfront
Waterfront Present:
N
Waterfront Name:
Pepin
Waterfront View:
Lake, Panoramic
DNR Lake ID#:
25000100
Waterfront Slope:
Level
Lake Chain Name:
N
Lake Acres:
25215
Lake Depth:
60
Waterfront:
Lake View
Lot & Land
Acres:
0.06
Geolocation:
44.452572, -92.269464
Lot Dimensions:
60 x 82 x 60 x 82
Schools
School District:
813
District Phone:
651-345-2198
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
$432
Annual Insurance Expense:
$2,244
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
$324
Annual Water/Sewer Expense:
$1,680
Tenant Expenses:
All Utilities, Electricity, Fuel, Gas, Taxes, Trash Collection
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$4,992
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$4,992
Income
Annual Gross Income:
$10,800
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Lakes Sotheby's International Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.