Welcome to this charming 1916 South Tampa Bungalow! Currently a 5 bedroom, 3 bath rental, you have the option to continue capitalizing on this premier rental location or transition it into your dream primary residence. The property is currently leased to five University of Tampa attendees with all leases set to end in August, ensuring flexibility for new owners. The demand for rentals in this area is strong, offering a fantastic investment opportunity, while the homes convenient location provides easy access to all the best South Tampa has to share. Boasting spacious rooms, a well maintained interior that's been updated throughout the years. This beauty also features original hardwood floors in the living room, wood burning fireplace, coffered ceiling and a second level loft/flex space. In addition there's a large backyard complete with storage shed and open deck, this property provides plenty of potential for personalization, whether you continue with its current rental use or make it your own. You are located just a block from Mitchell Elementary School and in the coveted Plant High School district. Enjoy proximity to vibrant local shops, restaurants, parks, and the University of Tampa, making it ideal for those seeking a combination of convenience, comfort, and growth potential. Whether you're looking to expand your investment portfolio or find the perfect South Tampa residence, this home offers endless possibilities. Don't miss out on this rare opportunity!