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Home for Sale at 1016 Alba Dr Orlando, FL 32804

$785,000
Orlando

5
Beds

3
Baths

2
Garage

2400
Sqft

7,500 sqft
Lot Size

1951
Year Built

No
Pool

No
View

2 | 3 | 4
Schools

Orlando: $785,000
5 Beds | 3 Baths | 2 Gar | 2400 Sqft
No
Pool
No
View
7,500 sqft
Lot Size
2 | 3 | 4
Schools
7 days
DOM
1951
Year Built
$6,221
Annual Taxes
$0
Monthly HOA
7 days
DOM
$2,814
Rent Estimate
Exclusive
Airbnb Estimate
$772,000
Value Estimate
$6,221
Annual Taxes
--
Monthly HOA
$772,000
Value Estimate
$2,814
Rent Estimate
$785,000
Price $327/sqft
Exclusive
Airbnb Estimate
Welcome home!

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 $1,800 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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1016 Alba Dr
Orlando, FL 32804
MLS# O6241088 - Parcel# 222229625600370 - MULTI FAMILY - FOR SALE

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Brokered by Patrick Urbainczyk, PA, KELLER WILLIAMS HERITAGE REALTY
Listing last updated: 2024-09-19 14:37:55
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Orlando Homes for Sale by Number of Bedrooms
FAQs

Demographic data is available in two ways. For certain counties, you can use the Demographics link. For all of Florida, please use the Census link.

Eligibility for our $10,000 closing costs assistance program and free refinance offer is based on the borrower, not the property. If you qualify for the promotion, you can most likely apply it to this property. Please take a look at the terms and conditions for more details

To schedule a tour, simply click on the "Request a Tour" button located at the bottom left of each property picture. If you're already a Bluecastle client, you can use the ShowMe feature to book a time that is convenient for your schedule 24/7.

A seller’s willingness to negotiate often depends on market conditions, the seller's motivation to sell, and how long the property has been listed. Typically, prices can be reduced by 2-3% during negotiations. However, in competitive markets with multiple offers, properties often sell at or above the asking price. To discuss making an offer on this property, please contact your Bluecastle agent as soon as possible.

Short-term rental revenue projections are available exclusively to Bluecastle clients. To access this information, please start the mortgage application process or schedule a consultation to learn more about becoming a client.

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