Sold

1501 PARK LAKE ST

ORLANDO FL, 32803

$515,000


$382.05 per sqft

Sold

3 Beds

2 Baths

1,348 sqft

Multi-family

Built in 1948

FANTASTIC opportunity! This lovely 2/1 and 1/1 Colonialtown concrete block duplex is turn-key and ready for move-in. This dual-electric metered duplex is situated on an oversized R2 corner lot in the heart of Colonialtown/Mills 50. This recently updated duplex home contains and 2/1 main unit and a 1/1 unit (Unit B) on opposing wings for optimal privacy. The flat portion of the roof was replaced in 2022, HVAC 2014 (2/1) and 2022 (1/1), new electrical panel upgrades in 2003, new windows in 2013, and the home's plumbing was recently repiped. The 2/1 unit has a brand new kitchen with 42" white shaker cabinets and stainless steel appliances. Brand new plush carpeting in the bedrooms, new lighting fixtures throughout, and a tranquil fenced in outdoor entertaining space off the rear French doors. It has a dedicated laundry room, and a private single car garage and space for 2 cars in the driveway. The 1/1 unit on the North wing of the property has a 2-car parking pad, large screen patio, and designated utility closet with W/D hookups! On the interior of this unit you'll find wood shaker cabinetry with open shelves, ceramic tile in the living room, and a brand new HVAC system installed in 2022. This is a rare opportunity to find a turn-key income producing duplex property in this neighborhood. Savvy rental investors and practical owner occupant buyers will know the rental cashflow potential is excellent here. This property is in the center of one of Orlando's best cultural hubs- filled with shopping, dining, and entertainment within Mills 50, as well as convenient to the Downtown, Ivanhoe Village, and Thornton Park districts. Close to I4, the 408, and Colonial Drive for an easy commute.

O6026053

MLS ID

June 30, 2022

Listed

March 22, 2024

Updated

Map

1501 PARK LAKE ST
ORLANDO FL, 32803

Interior Features

Total Stories

1


Bedrooms

3 Beds


Bathrooms

2 Baths


Interior Features

Ceiling Fans(s), Eat-in Kitchen


Appliances

Dishwasher, Microwave, Range


Laundry Description

Inside, Laundry Room


Floor Description

Carpet, Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central, Wall Units / Window Unit

Exterior/Building Features

Lot Size

0.17 Acres


Exterior Features

Lighting


Lot Features

Corner Lot, City Limits, Level, Sidewalk, Street Brick, Paved


Roof

Built-Up, Shingle


Sewer

Public Sewer

School Information

High School

Edgewater High


Elementary School

Fern Creek Elem

Other Property Details

Area Name

32803 - Orlando/Colonial Town


Taxes

$5,449


Tax Frequency

Annually


Days on Market

22


Garage

Yes


Garage Spaces

1


Parking

Driveway, Garage Faces Side


View

No


County

Orange


Municipality

22


Water Source

Public


Pool

No


Zoning

R-2A/T


Buyer Agency Compensation

2.5%

Listed by Erin Hudson, Patricia Visconti with GRANDE REALTY GROUP LLC
Listing Contact: 407-694-3489 

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