Orlando, FL 32803,1501 PARK LAKE ST
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Orlando, FL 32803,1501 PARK LAKE ST
Orlando, FL 32803,1501 PARK LAKE ST
Orlando, FL 32803,1501 PARK LAKE ST
Orlando, FL 32803,1501 PARK LAKE ST

$515,000

Est. payment /mo

$515,000

Est.Price: ?

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1501 PARK LAKE ST Orlando, FL 32803

3 Beds

2 Baths

1,348 SqFt

SOLD DATE : 08/26/2022

Key Details

Sold Price $515,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,348 sqft

Price per Sqft $382

Subdivision Highland Grove 2Nd Add

MLS Listing ID O6026053

Sold Date 08/26/22

Bedrooms 3

Construction Status Inspections

HOA Y/N No

Originating Board Stellar MLS

Year Built 1948

Annual Tax Amount $5,449

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 50X150

Property Description

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.

Location

State FL

County Orange

Community Highland Grove 2Nd Add

Zoning R-2A/T

Rooms

Other Rooms Attic, Formal Living Room Separate, Inside Utility

Interior

Interior Features Ceiling Fans(s), Eat-in Kitchen

Heating Central, Wall Units / Window Unit

Cooling Central Air

Flooring Carpet, Tile

Fireplace false

Appliance Dishwasher, Microwave, Range

Laundry Inside, Laundry Room

Exterior

Exterior Feature Lighting

Parking Features Driveway, Garage Faces Side

Garage Spaces 1.0

Community Features Pool

Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Public, Street Lights

Roof Type Built-Up, Shingle

Porch Covered, Deck, Patio, Porch, Screened

Attached Garage true

Garage true

Private Pool No

Building

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

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block, Stucco

New Construction false

Construction Status Inspections

Schools

Elementary Schools Fern Creek Elem

Middle Schools Howard Middle

High Schools Edgewater High

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Special Listing Condition None

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Stellar MLS
Listed by GRANDE REALTY GROUP LLC
Bought with YOUNG REAL ESTATE

Michael Wyckoff

Broker | License ID: 3006024

+1(727) 642-6621

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