$ 675,000 $ 675,000

620 WINHAM ST

Tampa, FL 33619

  • 7 Beds
  • 8 Baths
  • 3,869 SqFt
  • 1.39 Lot Size
  • 1970 Year Built
INCOME GENERATING OPPORTUNITY….. CAN GENERATE OVER 100K A YEAR IN REVENUE…….. 3 DUPLEXES AND A HOUSE WITH ROOM TO SUBDIVIDE AND BUILD MORE UNITS….. ALL LONG-TERM TENANTS with only one vacancy……..

Located just minutes from Downtown Tampa, Ybor City, and the Port of Tampa, this rare multi-unit estate offers unmatched potential in one of the city's fastest-growing corridors. Are you looking for an investment project with massive upside? This is it. Sitting on nearly an acre and a half of land—not in a flood zone—this opportunity is perfect for anyone looking to secure a long-term income-producing asset in Florida without the added risk of flood insurance. The property currently consists of 3 duplexes and a single-family home, all occupied by long-term tenants, with just one vacancy. Rents are currently way below market value and its currently generating a little over 60k, and with some TLC and updates, the projected income could easily reach $115,000+ annually, not including the potential to subdivide and build additional units on-site. With the owner relocating, the door is open for the next savvy investor to take over and elevate this portfolio to its highest and best use. Whether you're expanding your portfolio or just getting started, this one checks all the boxes. If you'd like to view the property, please contact your local agent and allow 24 to 48 hours for access to the leased units.
Listed by KELLER WILLIAMS ON THE WATER S , Sold By A-CASA REALTY GROUP & ASSOC.

PROPERTY DETAIL

  • Key Details

    Sold Price $675,000

    Property Type Multi-Family

    Sub Type Multi Family

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 3, 869 sqft

    Price per Sqft $174

    Subdivision Adamo Acres Unit 01

    MLS Listing ID N6139553

    Sold Date 09/08/25

    Bedrooms 7

    HOA Y/N No

    Year Built 1970

    Annual Tax Amount $4,248

    Lot Size 1.390 Acres

    Acres 1.39

    Lot Dimensions 138x323

    Property Sub-Type Multi Family

    Source Stellar MLS

  • Location

    State FL

    County Hillsborough

    Community Adamo Acres Unit 01

    Area 33619 - Tampa / Palm River / Progress Village

    Zoning RDC-12

  • Building

    Lot Description City Limits, Level, Oversized Lot, Paved

    Entry Level One

    Foundation Slab

    Lot Size Range 1 to less than 2

    Sewer Septic Tank

    Water Public

    Structure Type Block,Stucco

    New Construction false

  • Interior

    Interior Features Ceiling Fans(s)

    Heating Central

    Cooling Wall/Window Unit(s)

    Furnishings Unfurnished

    Fireplace false

    Appliance Dryer, Range, Refrigerator, Washer

    Laundry Inside

  • Exterior

    Exterior Feature Other

    Parking Features Driveway, Guest, None, Off Street, On Street, Open, Parking Pad

    Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected

    Roof Type Other,Shingle

    Garage false

    Private Pool No

  • Others

    Pets Allowed Yes

    Senior Community No

    Ownership Fee Simple

    Acceptable Financing Cash, Owner Financing

    Membership Fee Required None

    Listing Terms Cash, Owner Financing

    Special Listing Condition None

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