Property
| Ownership: | Fee Simple |
|---|---|
| Type: | Single Family |
| Bedrooms: | 4 BR |
| Bathrooms: | 2 |
| Lot Size: | 0.2 Acres |
Financials
Price:$820,000
Annual Taxes:$4,345
Listing Courtesy of LPT REALTY, LLC
Prime Residential and Commercial Investment Opportunity in Colonialtown Downtown Orlando !
Description
One or more photo(s) has been virtually staged. Prime Residential and Commercial Investment Opportunity in Colonialtown/Downtown Orlando! This well-located property at the corner of Hampton and Hillcrest offers a fantastic opportunity for both residential and commercial use. The detached 546 sq ft unit has been fully renovated and is configured as a 2-bedroom, 1-bathroom residential unit, creating excellent potential for rental income or a guest suite. Below this unit, there are two storage spaces planned to be converted into apartments, currently in the permitting process, with plans available.
The main building offers 1,016 sq ft of heated and cooled office space, featuring 2 private offices and a main open area. This commercial space is ideal for professional offices, consulting businesses, or small companies seeking a central Downtown Orlando location.
The property sits on a large corner lot with 6 parking spaces and an improved parking area. The exterior features mature oak trees, lush landscaping, St. Augustine grass, and a full sprinkler system. The main office building has a roof installed in 2012, while the residential unit has a roof installed in 2020, and HVAC systems were updated in 2022 and 2023.
Located just one block from Colonial Drive, this property offers convenient access to downtown Orlando, the courthouse, shops, restaurants, and public transportation. With new developments planned across the street, this property presents a strong opportunity for both residential and commercial use in a prime location.
Amenities
- Aluminum Frames
- Blinds
- City Limits
- Corner Lot
- Dishwasher
- Electricity Available
- Living Room/Dining Room Combo
- Phone Available
- Public
- Refrigerator
- Smoke Detectors
- Water Connected
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.