Active

$375,000

Features:
  • 0 Bedrooms
  • 0 Bathrooms
  • 1200 sq ft
Overview
  • ID: MFRO6295378
  • Bedrooms: 0
  • Bathrooms: 0
  • Size: 1200 sq ft
Property Details
Remarks
Attention investors! A rare opportunity to own a duplex in the heart of Downtown Orlando’s booming sports and entertainment district. Located at 1025 Colyer Street, this income-producing property features two spacious 2-bedroom, 1-bathroom units, both offering comfortable living spaces with functional layouts. Unit A is leased until April 4, 2025, and Unit B is leased until May 5, 2025, providing immediate rental income and long-term stability for investors. This property is being sold together with the neighboring single-family home at 1029 Colyer Street, offering the potential to own three income-generating units side by side in an area experiencing continuous growth and redevelopment. With no HOA and a newer roof and HVAC system, this duplex provides low-maintenance ownership and a prime location for steady rental demand. Inside, each unit features dedicated living and dining areas, ample natural light, and functional kitchens with plenty of cabinet and counter space. The shared driveway easement provides off-street parking, adding convenience for tenants. The fenced lot offers additional privacy and security, making this property an attractive option for renters looking for a well-maintained home near all that Downtown Orlando has for you. Situated directly behind the new Orlando Police Headquarters, this property is within minutes of major attractions, including Camping World Stadium, which hosts concerts, football games, and large-scale events, Exploria Stadium, home to Orlando City Soccer Club, and Kia Center, formerly known as Amway Center, a hub for NBA games, concerts, and entertainment. Just a short drive away, you’ll find Creative Village and the UCF Downtown Campus, a rapidly expanding educational and tech hub, as well as Lake Eola Park and Thornton Park, where residents can enjoy scenic walking trails, paddle boating, outdoor events, and a vibrant nightlife scene. With easy access to I-4 and SR 408, this property is perfectly positioned for commuters and professionals working in Downtown Orlando and surrounding areas. The thriving rental market, coupled with the property’s central location, makes it an excellent addition to any investor’s portfolio. Nearby shopping and dining options abound, with restaurants such as Russell’s on Lake Ivanhoe, Santiago’s Bodega, and The Wellborn offering a variety of upscale and casual dining experiences. For everyday essentials and retail therapy, residents have access to Orlando Fashion Square, The Mall at Millenia, and other shopping centers. For medical and emergency services, major hospitals including Orlando Health and AdventHealth Orlando are just a short drive away, offering world-class healthcare and peace of mind for residents. The downtown market continues to see strong rental demand, making this duplex an attractive option for both first-time and seasoned investors. This is a prime opportunity to own two fully leased rental units in one of Orlando’s fastest-growing neighborhoods, with the additional potential to purchase the adjacent single-family home at 1029 Colyer Street. Whether you are looking to expand your investment portfolio or secure a high-demand rental property in a sought-after location, this duplex offers exceptional value and strong return potential. Don’t miss out on this rare find—schedule a showing today and take advantage of this unique investment opportunity. All descriptions and measurements are from appraisal and to be verified.
Financial Considerations
Price:
$375,000
HOA Fee:
N/A
Tax Amount:
$0
Price per SqFt:
$312.5
Tax Legal Description:
WEST ORLANDO SUB J/114 LOT 16 (LESS BEG 10 FT W OF SE COR OF LOT 16 RUN E 10 FT TO SE COR TH N 10 FT TH SW 13.95 FT TO P OB) BLK R
Exterior Features
Lot Size:
3430
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
0
Bathrooms:
0
Heating:
Baseboard, Central
Cooling:
Central Air
Appliances:
Range, Refrigerator
Furnished:
No
Floor:
Vinyl
Levels:
Two
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1961
Construction Type:
Block, Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Lighting, Other, Sidewalk
Additional Features 2:
The buyer/buyer's agent is responsible for verifying all information pertaining to this property, including square footage, room sizes, conditions, rules, regulations, pet restrictions and rental restrictions.
Map
  • Address
    1025 COLYER ST #A/B
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