2813 Lorraine St

TAMPA, FL 33614

About this property

Under contract-accepting backup offers. Welcome to an exceptional investment opportunity located in a centrally located neighborhood! This versatile property, totaling 1599 sqft, offers a unique layout perfect for maximizing rental income. Split into two distinct sections, this property provides both a comfortable family home and a separate studio apartment, each with its own entry and amenities. Main Residence Size: Approximately 1100 sqft Layout: 3 Bedrooms, 1 Bathroom Features: Outdoor Space: Enjoy a spacious patio and a refreshing pool, perfect for entertaining or relaxing on sunny days. Living Area: Bright and open living spaces with modern finishes. Kitchen: Fully equipped kitchen with updated appliances and ample storage. Bedrooms: Three well-sized bedrooms with plenty of natural light. Bathroom: Clean and contemporary design with modern fixtures. Studio Apartment Size: Approximately 499 sqft Layout: Open-concept studio Features: Separate Entry: Private access ensures complete independence from the main house. Parking: Dedicated parking spot for the studio apartment. Living Area: Cozy and efficient space with a kitchenette and a comfortable living/sleeping area. Bathroom: Full bathroom with modern amenities. Financials Gross Income (2023): $58,000 Income Breakdown: Both units have been successfully rented short-term, providing a consistent and lucrative income stream. Investment Potential High Demand Location: Situated in a popular area, this property attracts tourists and short-term renters year-round. Flexible Usage: Ideal for investors looking to maximize rental income or for owner-occupants wanting to live in one unit while renting out the other. Proven Track Record: With a gross income of $58,000 in 2023, this property has demonstrated strong earning potential. Additional Information Parking: Ample parking space for both units. Utilities: Separate metering for ease of management. Proximity: Close to local attractions, dining, shopping, and public transportation. Don’t miss out on this rare investment opportunity! Whether you're an experienced investor or looking to enter the rental market, this property offers flexibility, strong income potential, and an attractive lifestyle for tenants.

Features and Additional Information

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$450,000 Pending
1,599 SQFT

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Area Information

33614 Tampa | Hillsborough County | GROVE PARK ESTATES UNIT 6

$ 450,000
This listing is play_arrow 0.0% lower than the average in the area
$ 450,000 in the area
1,599 SqFt
This listing is play_arrow 0.0% smaller than the average in the area
1,599 SqFt in the area
$ 281 $/SqFt
This listing is play_arrow 0.0% less than the average in the area
$ 281 $/SqFt in the area
42 days on site
This listing is play_arrow 0.0% below the average in the area
42 days on site in the area

Schools in the Area

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    Elementary School
    Egypt Lake-HB
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    Middle School
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    High School
Listed By George Lewis-Saldana
Brokerage: LPT REALTY

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