1016 Alba DRIVE Orlando, FL $ 785,000
1016 Alba DRIVE
$ 785,000
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1016 Alba DRIVE

Orlando, FL, 32804
$ 785,000
Baths0.0 Sq 2,400

Monthly Estimate*

$ 5,217

1016 Alba DRIVE, Orlando, FL 32804 - Image 1
1016 Alba DRIVE, Orlando, FL 32804 - Image 2
1016 Alba DRIVE, Orlando, FL 32804 - Image 3
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1016 Alba DRIVE, Orlando, FL 32804 - Image 5
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1016 Alba DRIVE, Orlando, FL 32804 - Image 7
View a Virtual Tour
Studio

Multi-Family Home for sale in Orlando, FL

for $785,000. This 2,400 square foot home was built in 1951 on a lot size of 0.17.

This triplex in College Park offers a prime investment opportunity with its desirable location and attractive features. Situated in a beautiful area of College Park, it boasts a split home layout with a two-car garage featuring an apartment above. 2 out of 3 units are currently leased, allowing for a quick increase in rent once the vacancy is filled. Despite already being tenanted, there's potential to increase revenue as rents are currently below market rates. Plus, recent updates like newer A/C units and a 3-year-old roof enhance the property's appeal and reduce maintenance costs, making it an ideal investment in the sought-after College Park area.

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Multi-Family Active

Price

$ 785,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,221

Style

Triplex

Lot Size

0.17

Year Built

1951

Town/City

Orlando

County/Region

Orange

MLS | Web ID

O6196926

Features
General
Interior Features Built-in Features
Sewer Public Sewer
Heating Electric
Cooling Central Air Wall/Window Unit(s)
Utilities Electricity Connected Sewer Connected Water Connected
Roof Shingle
Exterior Features Sidewalk
Zoning R-2A/T
Garage Spaces 2
Construction Materials Block Stucco
Year Built 1951
Property SubType Triplex
Tax Year 2023
Percent Ownership Fee Simple
County Orange
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Attached Garage No
Subdivision Name ORANGE PARK SUB
Garage Y/N Yes
Status Active
Directions From Edgewater Drive and Princeton St go south on Edgewater 1.1 miles turn West on Alba Drive 0.3 miles buildings are on the south side of the street.
High School Edgewater High
City ORLANDO
Buyer Agent Compensation 3%
View Y/N No
Senior Community Y/N No
NumberOfUnitsTotal 3
MLS Area 32804 - Orlando/College Park
Lot Size Units Square Feet
Lot Size Square Feet 7500
Waterfront Y/N No
Carport Y/N No
Street Name Alba
Elementary School Lake Silver Elem
Land Lease Y/N No
Tax Annual Amount 6221.95
Middle/Junior High School College Park Middle
Additional Parcels Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6196926
Days on Market 51
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 37
Total Actual Rent 4500
Legal Description ORANGE PARK E/31 THE E 75 FT OF LOTS 37& 38
Water Access Y/N No
Water View Y/N No
Flood Zone Code X
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Exterior
Water Source Public
Lot Size Area 7500
Foundation Details Block Slab
Number of Buildings 2
Street Suffix DRIVE
Lot Size Acres 0.17
Road Surface Type Paved
Covered Spaces 2
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Interior
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Laundry Features Common Area
Total Bedrooms 0
Total Baths 0
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* Excluded Features
List By
V 3 Residential Llc

Broker

bailey@v3capital.com

Email

Affordability Calculator

$5,736
Per Month
91%
9%
0%
Monthly Principal & Interest
$5,217
Monthly Property Taxes
$518
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3325160 Elementary School
3220615 Middle School
Edgewater High High School
Pricing History
DatePricePrice ChangeDescription
6/7/2024$785,000 -7.65% Price Down
5/3/2024$850,000 Listed Price

Map


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1016 Alba DRIVE, Orlando, FL, 32804 is a Multi-Family Home for sale at $785,000 with 2,400 sqft and a lot size of 0.17. 1016 Alba DRIVE is a studio with 0.0 baths and was built in 1951. The property's zip code is 32804 which is in Orlando, FL