Active
1016 ALBA DR
ORLANDO FL, 32804
$850,000
$354.17 per sqft
Active
2,400 sqft
Multi-family
Built in 1951
Introducing this exceptional triplex nestled in the desirable College Park area, representing the perfect addition to any investor's portfolio. This beautiful split home features a unique layout with a two-car garage located in the rear, complete with an additional apartment above. Currently fully leased with below market rents, this property presents an outstanding opportunity for immediate cash flow and potential future value appreciation.
Key Features:
Prime Location: Situated in the sought-after College Park neighborhood, this triplex offers convenience and accessibility to local amenities, universities, parks, and transportation options.
Multi-Family Investment: Ideal for investors seeking a multi-family property, this triplex provides three separate units, each with its own distinct charm and character.
Split Home Design: Enjoy the convenience of a split home layout, with the main residence featuring spacious living areas, and comfortable bedrooms, while the additional apartment above the garage offers privacy and versatility.
Two-Car Garage: The property includes a detached two-car garage in the rear, providing ample parking space for residents.
Income Potential: Currently leased with below market rents, this triplex presents an opportunity to increase rental income and maximize returns. With multiple lease terms in place, flexibility is key for any investor.
Additional Details:
Investment Potential: Take advantage of the opportunity to purchase the adjacent triplex next door, expanding your investment portfolio and increasing potential rental income.
Contact Agent for more details.No interior showing without 24 hour notice and an appointment is required.
O6196926
MLSⓇ ID
April 15, 2024
Listed
May 15, 2024
Updated
Map
1016 ALBA DR
ORLANDO FL, 32804
Interior Features
Interior Features
Built-in Features
Laundry Description
Common Area
Fireplace
Yes
Cooling
Yes
Cooling Description
Central Air, Wall/Window Unit(s)
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.17 Acres
Exterior Features
Sidewalk
Roof
Shingle
Sewer
Public Sewer
School Information
High School
Edgewater High
Elementary School
Lake Silver Elem
Other Property Details
Area Name
32804 - Orlando/College Park
Taxes
$6,222
Tax Frequency
Annually
Days on Market
28
Garage
Yes
Garage Spaces
2
View
No
County
Orange
Municipality
22
Water Source
Public
Pool
No
Zoning
R-2A/T
Buyer Agency Compensation
3%
Listed by V 3 RESIDENTIAL LLC
Listing Contact: 407-848-1663
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Data last updated 5/15/2024, 9:40 PM UTC