1501 Park Lake St., Orlando, FL 32803

1501 Park Lake St., Orlando, FL 32803
Photo 1 of 1
$515,000
Sold on 8/26/22
Beds Baths Sq. Ft. Taxes Built
3 0.00 1,348 $5,449 1948
On the market: 57 days
View full details, photos, school info, and price history
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.
Listing courtesy of Erin Hudson & Patricia Visconti, GRANDE REALTY GROUP LLC & GRANDE REALTY GROUP LLC