$515,000
$515,000
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1501 PARK LAKE ST Orlando, FL 32803
3 Beds
2 Baths
1,348 SqFt
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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