For sale· 143 days on market

1922 HILLCREST

Orlando, FL, 32803·MLS# O6391910

$795,000

Estimated $5,206/mo estimated

4
Bedrooms
2
Bathrooms
1,662
Sq ft
0.24 ac
Lot size
1940
Year built
$478
Per sq ft
  • Residential
  • Built 1940

About this home

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.

Facts & features

Interior

Bedrooms
4
Bathrooms
2 full
Living area
1,662 sqft

Property

Type
Residential
Year built
1940
Lot size
0.24 acres

Financial

Annual taxes
$4,345
Price / sqft
$478

Estimate your monthly payment

$159,000

$5,206/ month estimated

  • Principal & interest$4,146
  • Property tax$729
  • Insurance$331

Illustrative estimate — not a lending offer.

Location

Orlando, FL

Similar homes nearby

Courtesy of LPT REALTY, LLC

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Listing data courtesy of LPT REALTY, LLC. My request routes to reThought Real Estate in DashBrew CRM.

$795,000

4 bd · 2 ba · 1,662 sqft