Tampa, FL 33614,2813 LORRAINE ST
Tampa, FL 33614,2813 LORRAINE ST
Tampa, FL 33614,2813 LORRAINE ST
Tampa, FL 33614,2813 LORRAINE ST
Tampa, FL 33614,2813 LORRAINE ST
Tampa, FL 33614,2813 LORRAINE ST
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$450,000

$450,000

Est.Price: ?

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Est. payment /mo

1,599 SqFt


SOLD DATE : 08/01/2024

Key Details

Sold Price $450,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,599 sqft

Price per Sqft $281

Subdivision Grove Park Estates Unit 6

MLS Listing ID T3532846

Sold Date 08/01/24

HOA Y/N No

Originating Board Stellar MLS

Year Built 1960

Annual Tax Amount $5,913

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 67x111

Property Description

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.

Location

State FL

County Hillsborough

Community Grove Park Estates Unit 6

Zoning RSC-6

Interior

Interior Features Ceiling Fans(s), Thermostat

Heating None

Cooling Central Air

Fireplace false

Laundry Electric Dryer Hookup, Laundry Closet, Washer Hookup

Exterior

Exterior Feature Fence, Lighting

Pool In Ground, Screen Enclosure

Utilities Available BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Fiber Optics, Public, Street Lights

Roof Type Shingle

Garage false

Private Pool Yes

Building

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Stucco

New Construction false

Schools

Elementary Schools Egypt Lake-Hb

Middle Schools Pierce-Hb

High Schools Leto-Hb

Others

Pets Allowed Cats OK, Dogs OK

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

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Stellar MLS
Listed by LPT REALTY
Bought with YANY REALTY LLC
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(407) 221-2522

ptanner@multhai.com

2464 Sanford Ave, Sanford, FL, 32771

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