Listing Details for MLS # O6282711
1029 Colyer Street, Orlando, Fl 32805

Residential Property - Single Family Residence in Orlando

Listing Price: $275,000Days on Market: 18

Description of Property

Attention investors! This freshly remodeled 2024 gem is a prime opportunity to own an income-generating property in the heart of Downtown Orlando’s thriving sports and entertainment district. Located at 1029 Colyer Street, this charming three-bedroom, one-office home boasts modern updates while maintaining its character. Currently leased through May 30, 2025, at $1,900 monthly, this property offers immediate rental income. With no HOA and a new architectural shingle roof installed in the past year, this home offers low-maintenance ownership. A newer central HVAC system ensures year-round comfort, while the open-concept layout provides designated living and dining spaces perfect for entertaining or relaxing. The screened-in front porch offers a cozy spot to unwind, and the fenced backyard adds privacy and security. An inside laundry room enhances convenience, making everyday living a breeze. Situated behind the new Orlando Police Headquarters, this home is just minutes from major attractions, including Camping World Stadium, which hosts concerts, football games, and large-scale events year-round, Exploria Stadium, home to Orlando City Soccer Club, and the Kia Center, formerly known as Amway Center, a hub for NBA games, concerts, and entertainment. It is also near the Creative Village and UCF Downtown Campus, a growing educational and tech hub, as well as Lake Eola Park and Thornton Park, where you can enjoy scenic walks, swan boat rides, trendy bars, and brunch spots. Quick access to I-4 and SR 408 makes commuting effortless, connecting you to all that Central Florida has for you. Orlando’s bustling downtown nightlife, dining, and shopping districts are right at your doorstep, with popular restaurants such as Russell’s on Lake Ivanhoe offering upscale American cuisine with stunning lake views, Santiago’s Bodega providing a popular tapas experience, and The Wellborn featuring a hidden cocktail bar in a historic setting. Shopping options abound with Orlando Fashion Square and The Mall at Millenia just a short drive away. For medical and emergency services, major hospitals like Orlando Health, a top-ranked hospital and trauma center, and AdventHealth Orlando, known for world-class medical care, are nearby. This home also shares a driveway easement with the adjacent duplex for sale at 1025 Colyer St A/B, presenting an incredible opportunity to expand your rental portfolio by purchasing both properties. Don’t miss this chance to invest in one of Orlando’s hottest up-and-coming areas. Schedule a showing today and secure your spot in this high-demand rental market. All descriptions and measurements are from appraisal and to be verified.The average asking price for a 4 bedroom/1 bath single family residence in this Zip code is $265,050. This single family residence is listed at about 104% of the average asking price. There are 2 4 bedroom/1 bath homes between $200,000 and $400,000 currently listed for sale in this Zip code. See other listings like this one »