College Park Apartments

3705 Edgewater Dr, Orlando, Florida 32804

100Units. om presents College Park Apartments which is a 5 unit apartment complex located in the well-established neighborhood of College Park, within the city limits of Orlando, Florida. The subject property sits on 0. 4 acres of land with a two-story triplex and a one-story duplex, both built with concrete block construction, and city water and sewer service. The duplex, at a prime corner intersection of a major four-lane roadway, was built in 1950, has a new partial roof and features one 3 bedroom 2 bath unit and one 2 bedroom 1 bathroom unit both with central air conditioning. The triplex was built in 1951 and features 2 one bedroom one bath units and 1 two bedroom one bath unit. All utilities of the triplex are paid for by the tenants. The five-unit complex features hardwood floors, ceiling fans, washer/dryer hookups, one fireplace and plenty of parking for guests on both sides of this corner lot property. The highest and best use for this income property, given its Mixed-Use zoning, will allow for Professional Office and a variety of other commercial business uses. The new owner's income enhancement possibilities are endless with this favorable and lenient zoning feature. Gross Scheduled Income $62,160. History of High Occupancy. Located in College Park. Concrete Block Construction. Additional Upside Through Zoning. Additional Upside Through Signage and Parking. Walking Distance to A+ Schools, Restaurants, and Night Life. Convenient Front Door Parking. Walk to Bishop Moore High School, Edgewater High School, and Lee Middle School. Ceiling Fans. Hardwood Floors. Washer & Dryer Hookups. Updated Appliances. City Water and Sewer. Fire Place (Duplex Unit B).

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