Sold
1016 ALBA DR
ORLANDO FL, 32804
$740,000
$308.33 per sqft
Sold
5 Beds
3 Baths
2,400 sqft
Multi-family
Built in 1951
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!
O6240157
MLSⓇ ID
September 12, 2024
Listed
December 3, 2024
Updated
Map
1016 ALBA DR
ORLANDO FL, 32804
Interior Features
Bedrooms
5
Total Bathrooms
3
Interior Features
Ceiling Fans(s), Thermostat
Appliances
Dryer, Range, Refrigerator, Washer
Laundry Description
Laundry Room
Floor Description
Ceramic Tile, Laminate, Vinyl, Wood
Fireplace
Yes
Fireplace Description
Decorative
Cooling
Yes
Cooling Description
Central Air, Wall/Window Unit(s)
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.17 Acres
Exterior Features
Other
Lot Features
Paved
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
20
Association Fee Frequency
Monthly
Garage
Yes
Garage Spaces
2
Parking
Driveway
View
No
County
Orange
Municipality
22
Water Source
Public
Pool
No
Zoning
R-2A/T
Listing History
Date | Event | Price |
---|---|---|
12/3/2024 | Sold | $740,000 |
10/3/2024 | Pending | — |
9/29/2024 | Price change | $750,000 -2% |
9/24/2024 | Price change | $764,999 -3% |
Listed by KELLER WILLIAMS HERITAGE REALTY
Listing Contact: 407-862-9700
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Data last updated 12/3/2024, 11:57 PM UTC