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1016 Alba Drive, ORLANDO

$850,000

0 Beds
0 Baths
2,400 Sqft
.17 Acres
2 Garages

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.

1016 Alba Drive is in ORLANDO, FL. This Residential Income property for sale is currently being offered at $850,000. Built in 1951 this 0 bedroom, 0.00 bathroom Orange Residential Income property has been listed on RealtyInOrlando.com for 30 days. 1016 Alba Drive is priced at $354.17 Per Square Foot, and is situated on 0.17 acres of land. Please contact your local Realtor® for more information on 1016 Alba Drive, ORLANDO, FL 32804. Property Listing Reference: MLS number: O6196926.

Essential Information
MLS® #O6196926
Price$850,000
Bathrooms0.00
Square Footage2,400
Acres0.17
Year Built1951
TypeResidential Income
Sub-TypeTriplex
StatusActive
HOA$0
Taxes$6,222
Community Information
Address1016 Alba Drive
AreaOrlando/College Park
SubdivisionORANGE PARK SUB
CityORLANDO
CountyOrange
StateFL
Zip Code32804
Amenities
# of Garages2
Interior
Interior FeaturesBuilt-in Features
HeatingElectric
FireplaceYes
Cooling

Central Air, Wall/Window Unit(s)

Exterior
Exterior FeaturesSidewalk
RoofShingle
FoundationBlock, Slab
School Information
ElementaryLake Silver Elem
MiddleCollege Park Middle
HighEdgewater High
Other Information
Date ListedApril 17th, 2024
Days on Market30
ZoningR-2A/T
Listing Details
OfficeV 3 RESIDENTIAL LLC
LISTING MAP

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Photo of Listing #O6196934

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on May 18th, 2024 at 11:19am EDT.