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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.
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William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $300,000 | $300,000 | $300,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.025% | 6.132% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,896 | $1,971 | $2,511 |
Total Monthly Payment | $1,971 | $2,046 | $2,586 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.