1016 Alba Drive

Orlando, FL 32804

$850,000
Price
—
Beds
2,400 Sq. Ft.
$354 / Sq. Ft.
2,400
Sq. Ft.
$354
per Sq. Ft.

Description

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...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.
  1. Listed by Bailey Vick • V 3 RESIDENTIAL LLC

Property Details for 1016 Alba Drive

Subdivision Name
ORANGE PARK SUB
Township
22
Garage Spaces
2
Waterfront
No

Location

Listing Courtesy of V 3 RESIDENTIAL LLC, Bailey Vick
Add your commute
LISTING UPDATED: 05/28/2024 10:30 AM

Property Details for 1016 Alba Drive

StatusActive
MLS #O6196926
Days on Market45
Taxes$6,222 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1951
Lot Size0.17 AC / 7,500 SF
CountyOrange County

Location

Listing Courtesy of V 3 RESIDENTIAL LLC, Bailey Vick
Add your commute

Building Information for 1016 Alba Drive

Stories-Residences3Year Built1951Building Size-Lot Size0.17 AC / 7,500 SF

Payment Calculator

$5,157 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,639

Property Taxes

$519

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1016 Alba Drive

Summary
Location and General Information
  • Building Area Units: Square Feet
  • 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.
  • Elementary School: Lake Silver Elem
  • Middle Or Junior School: College Park Middle
  • High School: Edgewater High
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 1016
  • Street Name: ALBA
  • Street Suffix: DRIVE
  • State: FL
  • City: ORLANDO
Parking
  • Attached Garage: No
  • Carport: No
  • Garage: Yes
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 37
  • Tax Book Number: E-31
  • Tax Legal Description: ORANGE PARK E/31 THE E 75 FT OF LOTS 37& 38
  • Tax Lot: 37
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 22-22-29-6256-00-370
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 2
  • Water Access: No
  • Water Extras: No
  • Zoning: R-2A/T
  • Living Area: 2400
Property and Assessments
  • Year Built Numeric: 1951
  • Flood Zone Code: X
  • New Construction: No
  • Public Survey Range: 29
  • Public Survey Section: 22
  • Dock YN: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Stucco
  • Exterior Features: Sidewalk
  • Foundation Details: Block, Slab
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 0
  • Cooling: Central Air, Wall/Window Unit(s)
  • Fireplace: Yes
  • Heating: Electric
  • Interior Features: Built in Features
  • Laundry Features: Common Area
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $30,509.50
  • Unit Count: 3
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 2
  • Unit Type Heated Sq Ft 1: 1000
  • Unit Type Pro Forma 1: 1800
  • Unit Type Type 1: 2 Bed/1 Bath
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 2
  • Unit Type Heated Sq Ft 2: 1000
  • Unit Type Pro Forma 2: 1800
  • Unit Type Type 2: 2 Bed/1 Bath
Unit 3
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 1
  • Unit Type Heated Sq Ft 3: 490
  • Unit Type Pro Forma 3: 1400
  • Unit Type Type 3: 1 Bed/1 Bath
Rental
Rental Information
  • Total Actual Rent: $4,500

Property History for 1016 Alba Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1016 Alba Drive

Taxable ValueLand$175,900Additions$190,513Total$366,413
Tax Record2023$6,222 ($518 / month)
Home Facts
Total Finished SqFt1,920 SqFtAbove Grade Finished SqFt1,920 SqFtStories1Lot Size7,500 SqFtStyleDuplexYear Built1951Year Renovated1975ZoningR-2A/TCountyORANGEAPN22-22-29-6256-00-370

Schools near 1016 Alba Drive

This home is within Orange.
Rating
School
Type
Grades
Distance
Public - PK to 5
Charter - K to 8
Public - 6 to 8
Charter - 8 to 12
Rating
School
Distance
Lake Silver Elementary School
PublicPK to 5

Cornerstone Academy Charter
CharterK to 8

College Park Middle School
Public6 to 8

Cornerstone Charter Academy High School
Charter8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1016 Alba Drive is a multi-family home for sale in Orlando, FL 32804. This property was listed for sale on April 15, 2024 by V 3 RESIDENTIAL LLC, it's currently listed at $850,000. This listing's school district is Orange. Nearby schools include Lake Silver Elementary School, Cornerstone Academy Charter and College Park Middle School. 1016 Alba Drive is a 0-bed, 0-bath, 2,400 sqft multi-family home built in 1951.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of V 3 RESIDENTIAL LLC, Bailey Vick

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 05/28/2024 10:30 AM