1016 Alba Drive, Orlando, FL 32804
- $740,000
- 5
- BD
- 3
- BA
- 2,400
- SqFt
- Sold Price
- $740,000
- List Price
- $750,000
- Status
- Sold
- Days on Market
- 20
- Closing Date
- Dec 03, 2024
- MLS#
- O6240157
- Property Style
- Triplex
- Year Built
- 1951
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 2,400
- Lot Size
- 7,500
- Acres
- 0.17
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Orange Park Sub
- MLS Area Major
- Orlando/College Park
Property Description
One or more photo(s) has been virtually staged. CLICK ON THE VIRTUAL TOUR LINK FOR 3D WALK-THRU!!! Welcome to 1016 Alba Dr., a fantastic triplex located in the vibrant and highly sought-after College Park neighborhood of Orlando. This unique property features two spacious 2-bedroom, 1-bathroom units, each with a bonus Florida room, and an additional 1-bedroom, 1-bathroom unit situated above the detached 2-car garage. Whether you’re an investor looking for an income-generating property or a homeowner seeking the opportunity to live in one unit and rent out the others, this triplex offers endless possibilities! Each of the 2-bedroom, 1-bathroom units is well-designed, providing comfortable living spaces filled with natural light. The Florida rooms offer a versatile bonus area perfect for a home office or relaxing lounge space. Both units come with their own garage space, making parking and storage easy and convenient. One of the 2-bedroom units is currently rented at $1,550 a month, which is below the current market rent of approximately $1,895 a month, offering room for potential rental income growth. The charming 1-bedroom, 1-bathroom unit above the garage provides privacy and coziness, ideal for an additional tenant or even as an owner’s suite. Its efficient layout and bright, welcoming feel make it a wonderful addition to this already fantastic property. Market rent for this unit is around $1400-$1500 a month. Set in the heart of College Park, 1016 Alba Dr. is just a stone's throw from Edgewater Drive, where you'll find a lively mix of boutique shopping, popular dining spots, and neighborhood events. Known for its tree-lined streets, local parks, and a close-knit community atmosphere, College Park offers a perfect balance of suburban charm and urban convenience. You’ll also enjoy quick access to downtown Orlando, UCF campus, Amway area, INTER& Co Stadium, Camping World Stadium, AdventHealth, major highways, and top-rated schools, making this an attractive location for both residents and renters alike. The endless potential here makes 1016 Alba Dr. a prime opportunity for any buyer. Live in one unit and offset your mortgage by renting the others, or lease all three units for a strong cash flow investment. With its prime location, functional layout, and potential for increased rental income, this property is a rare find in the heart of College Park. Don’t miss out on this incredible investment opportunity! Schedule your private tour of 1016 Alba Dr. today and discover all the possibilities this triplex has to offer!
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Additional Information
- Taxes
- $6221
- Minimum Lease
- 8-12 Months
- Location
- Paved
- Community Features
- No Deed Restriction
- Zoning
- R-2A/T
- Interior Layout
- Ceiling Fans(s), Thermostat
- Interior Features
- Ceiling Fans(s), Thermostat
- Floor
- Ceramic Tile, Laminate, Vinyl, Wood
- Appliances
- Dryer, Range, Refrigerator, Washer
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
- Heating
- Central
- Air Conditioning
- Central Air, Wall/Window Unit(s)
- Fireplace
- Yes
- Fireplace Description
- Decorative
- Exterior Construction
- Block, Stucco
- Exterior Features
- Other
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Garage Carport
- 2 Car Garage
- Garage Spaces
- 2
- Garage Features
- Driveway
- Elementary School
- Lake Silver Elem
- Middle School
- College Park Middle
- High School
- Edgewater High
- Pets
- Allowed
- Flood Zone Code
- X
- Parcel ID
- 22-22-29-6256-00-370
- Legal Description
- ORANGE PARK E/31 THE E 75 FT OF LOTS 37& 38
Listing courtesy of KELLER WILLIAMS HERITAGE REALTY. 407-862-9700
Selling Office: HIGHLAND PROPERTY GROUP LLC.Mortgage Calculator
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