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

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