Active

$1,228,000

Features:
  • 7 Bedrooms
  • 5 Bathrooms
  • 3150 sq ft
Overview
  • ID: MFRO6368227
  • Bedrooms: 7
  • Bathrooms: 5
  • Size: 3150 sq ft
Property Details
Remarks
Imagine living, working, and earning — all in one beautifully updated space. This rare 3-in-1 live/work property offers the ultimate blend of modern comfort, flexibility, and built-in income potential in the scenic, highly desired community, Baldwin Park. The two-story townhome features 3 bedrooms and 2.5 bathrooms, thoughtfully updated with new luxury vinyl flooring, plush new carpet in all bedrooms, and fresh interior paint throughout. The spacious kitchen is designed for both function and style, showcasing updated cabinetry, new appliances, granite countertops, and a built-in workstation—perfect for today’s work-from-home lifestyle. A convenient half bath on the main level adds everyday ease. Upstairs, the primary suite is a true retreat with dual walk-in closets and a luxuriously remodeled en-suite bath. Two additional generously sized bedrooms each offer French door access to a private balcony, overlooking the charming neighborhood. A full laundry room, abundant storage, and an attached two-car garage complete the townhome’s appeal. Adding to the versatility, the separate, fully updated 1-bedroom, 1-bath apartment is located upstairs at the rear of the building—ideal for generating rental income, hosting guests, or housing extended family. This unit features new cabinetry, appliances, quartz countertops, double vanities, custom mirror, new fixtures throughout, custom walk-in closet and includes one assigned parking space. The third component is a street-accessible commercial unit with two large offices, a spacious storage room, and a half bath, accessible from both the courtyard and directly from the sidewalk. Perfect for a boutique, professional office, or service-based business, this space offers excellent visibility among the established businesses lining Lake Baldwin Lane—creating yet another income-producing opportunity. Recent upgrades provide peace of mind, including new A/C units installed in 2024 and a brand-new roof completed December 2025. The HOA maintains the courtyard and landscaping, allowing you to enjoy a low-maintenance lifestyle while maximizing flexibility and earning potential. Baldwin Park isn’t just a place to live — it’s a way of life. Step outside your door and enjoy a vibrant town center filled with shops, restaurants, and everyday conveniences, all set against a beautifully walkable community. Scenic trails wind throughout the neighborhood, including a stunning 2.5-mile path along Lake Baldwin, perfect for morning jogs or evening strolls. Pet lovers will appreciate the nearby dog park with lake access, giving your furry friends space to play and cool off. Residents also enjoy an exceptional array of amenities, including multiple parks and playgrounds, three community pools, and fully equipped fitness centers, all conveniently located within the neighborhood. Don't miss this opportunity! Schedule your private showing today! Whether you’re looking to live stylishly, run a business steps from home, or invest in multiple income streams, this exceptional property delivers a lifestyle that truly works for you. Don't wait schedule your private showing today!
Financial Considerations
Price:
$1,228,000
HOA Fee:
1058
Tax Amount:
$13686.73
Price per SqFt:
$389.84
Tax Legal Description:
BALDWIN PARK UNIT 3 - REPLAT 1 58/76 LOT 570
Exterior Features
Lot Size:
3350
Lot Features:
In County, Level, Near Public Transit, Sidewalk, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Garage Door Opener, Garage Faces Rear, Ground Level, Guest
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
7
Bathrooms:
5
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Furnished:
No
Floor:
Carpet, Ceramic Tile, Luxury Vinyl
Levels:
Two
Additional Features
Property Sub Type:
Triplex
Style:
N/A
Year Built:
2006
Construction Type:
Block, Stucco, Frame
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Balcony, French Doors, Private Entrance, Rain Gutters, Sidewalk
Additional Features 2:
N All leasing rules/regulations/restrictions need to independently verified by the Buyer (s) prior to purchase.
Map
  • Address
    1550 LAKE BALDWIN LN
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