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.
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.
Property Details
Price:
$850,000
MLS #:
O6196926
Status:
Active
Beds:
0
Baths:
0
Address:
1016 ALBA DRIVE
Type:
Multi Family
Subtype:
Triplex
Subdivision:
ORANGE PARK SUB
City:
ORLANDO
Listed Date:
Apr 17, 2024
State:
FL
Finished Sq Ft:
2,400
ZIP:
32804
Lot Size:
7,500 sqft / 0.17 acres (approx)
Year Built:
1951
Units:
3
Schools
Elementary School:
Lake Silver Elem
Middle School:
College Park Middle
High School:
Edgewater High
Interior
Cooling
Central Air
Heating
Electric
Laundry Features
Common Area
Exterior
Construction Materials
Block, Stucco
Exterior Features
Sidewalk
Roof
Shingle
Financial
Buyer Agent Compensation
3%%
Tax Year
2023
Taxes
$6,222
Map
Community
- Address1016 ALBA DRIVE ORLANDO FL
- CityORLANDO
- CountyOrange
- Zip Code32804
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Courtesy of V 3 RESIDENTIAL LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved. 1016 ALBA DRIVE
ORLANDO, FL
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