USAMILansingFrank'n Dot Meadows No 16301 Frank N Dot Ct
6301 Frank N Dot Ct, Home with 0 bedrooms, 12 bathrooms and 14 parking in Lansing MI | Image 1
6301 Frank N Dot Ct, Home with 0 bedrooms, 12 bathrooms and 14 parking in Lansing MI | Image 2
6301 Frank N Dot Ct, Home with 0 bedrooms, 12 bathrooms and 14 parking in Lansing MI | Image 3
6301 Frank N Dot Ct, Home with 0 bedrooms, 12 bathrooms and 14 parking in Lansing MI | Image 4
6301 Frank N Dot Ct, Home with 0 bedrooms, 12 bathrooms and 14 parking in Lansing MI | Image 5
6301 Frank N Dot Ct, Home with 0 bedrooms, 12 bathrooms and 14 parking in Lansing MI | Image 6
6301 Frank N Dot Ct, Home with 0 bedrooms, 12 bathrooms and 14 parking in Lansing MI | Image 7
6301 Frank N Dot Ct, Home with 0 bedrooms, 12 bathrooms and 14 parking in Lansing MI | Image 8
6301 Frank N Dot Ct, Home with 0 bedrooms, 12 bathrooms and 14 parking in Lansing MI | Image 9
6301 Frank N Dot Ct, Home with 0 bedrooms, 12 bathrooms and 14 parking in Lansing MI | Image 10
6301 Frank N Dot Ct, Home with 0 bedrooms, 12 bathrooms and 14 parking in Lansing MI | Image 11
6301 Frank N Dot Ct, Home with 0 bedrooms, 12 bathrooms and 14 parking in Lansing MI | Image 12
6301 Frank N Dot Ct, Home with 0 bedrooms, 12 bathrooms and 14 parking in Lansing MI | Image 13
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$740,000
$740,000

Sold 3 months ago

6301 Frank N Dot Ct, Lansing, MI

Real Estate

Sold

Listed price in listed location currency (USD).
$740,000
$740,000

Sold 3 months ago

0128292 sqft14
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 8292 sqft
Garage No
Taxes $9,534
Lot Size 
Approx. Age 1972
Avg. Price Per Sqft $89
MLS® Number 20250013649

Property Address: 6301 Frank N Dot Ct, Lansing, Michigan

Average square foot calculated using Size range provided by listing agent.

Description

SHOWINGS MARCH THURSDAY, MARCH 13TH BETWEEN 10 AM AND 1 PM. The Frank N Dot Apartments consist of 7 units (5 of them are townhomes) nestled in Waverly, a superb of Lansing, MI. The property consists of two 1 bedroom apartments (600 SF) and five 2 bedroom 1.5 bath townhomes + basements (1, 200 SF). With a full occupancy rate, this investment opportunity brings in a solid $8, 878 per month, promising a lucrative return on investment. All 7 units are in one building - which was built in 1972 and completed renovated in 2023. Each unit is equipped with a window air conditioning unit, along with baseboard heat. There are 10 parking spaces for the 7 units. The units are separately metered for electric which the tenant puts in their name. The heat is supplied through baseboard electric heat - so the tenant pays for heat as well. The landlord pays for water, sewer and trash but has the ability to bill this back to the tenants under the current lease. Most properties in the area bill back for these utilities, so there is opportunity to increase value through collecting RUBS. The current owner has invested significant capital back into the property renovating each unit. The upgraded units include new counters, cabinets and appliances in the kitchen. LVT planking in the kitchen, bedrooms, and bathroom. New carpet and paint in each unit. Updated bathrooms with new vanities and tubs. The basements have been re-rinished and are extremely clean, with their own washer and dryer and hot water tank. Each unit has its own private basement, except for unit 7.
MLS® Number20250013649
Laundry LevelWasher Hookup
Central VacNo
FireplaceNo
Acreage0.55
Exterior
GarageNo
Approx. Age1972
BasementFull, Interior Entry, Partially Finished
Driveway
Garage Spaces
HeatBaseboard, Hot Water, Natural Gas, Separate Meters
A/C
Heating Fuel

Extras

6301 Frank N Dot Ct, Lansing, MI

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