Under contract-accepting backup offers. One or more photo(s) has been virtually staged. MAJOR PRICE ADJUSTMENT! Situated on a rare oversized lot in the highly desirable and historic Riverside Heights neighborhood, this unique single-family home is a versatile treasure offering 4,013 sq. ft. of living space under air. Featuring a spacious main residence, a true in-law suite, and a detached apartment, this property is ideal for multigenerational living, rental income, or a combination of both for the saviest of buyers to gain passive income while building equity. The main home showcases 2 bedrooms, 2 bathrooms, with tile flooring throughout, exuding timeless charm and an inviting ambiance. An enclosed lanai provides a seamless connection to the true in-law suite, a private retreat complete with its own kitchen, den, and ensuite bathroom. This setup is perfect for extended family, visiting guests, or even as a separate rental opportunity. Adding even more flexibility, a recently installed detached apartment sits above the garage. With high ceilings that enhance the sense of space, this unit boasts a full kitchen, bathroom, living room, and ensuite bedroom. It's an excellent option for generating passive income, accommodating tenants, or serving as a private work-from-home space.This property is a dream for investors, large families, or rehab enthusiasts. Unlock its full potential with multiple income streams or restore its historic character to create a vibrant family hub or lucrative investment property. And with its location in Flood Zone X, the home is high and dry, giving you added peace of mind. Conveniently located just 5 minutes from Armature Works and Riverwalk, and within 10 minutes of Downtown Tampa, historic Ybor City, South Tampa, Hyde Park, and Tampa International Airport, this property offers unbeatable access to everything Tampa has to offer. This is more than just a home—it’s a lifestyle! Whether you’re looking to invest, restore, or settle into one of Tampa’s most charming neighborhoods, this is a rare opportunity you don’t want to miss. Call today to schedule your exclusive viewing!