This beautifully preserved two-story historic home blends timeless character with modern updates, all just blocks from the University of Florida. With 4 spacious bedrooms, 2 bonus rooms, and 2 full bathrooms, this home offers flexible living options for families, students, or renters. The interior features gorgeous wood floors throughout, a cozy fireplace, an inviting open front porch, and ample off-street parking. Major updates include a new HVAC system in 2023, a metal roof added in 2015, and updated electrical and plumbing. Located in the highly desirable U6 mixed-use zone, this property allows for up to 50 units per acre opening doors to exciting development potential. The parcel also has space to add two accessory dwelling units (ADUs) by right, further increasing rental income or multi-generational living options. The property has five off street parking spaces. Parking spaces in the area lease for $150/month per space. Enjoy the convenience of being a short walk from dining, shopping, and entertainment. Currently leased through July 2025, the home offers strong rental income and could easily transition into a stunning primary residence close to campus. Whether you're looking for a long-term rental, development project, or personal home, this one has it all. Seller financing available.