$675,000

620 WINHAM STREET, Tampa, FL 33619

  • 7 beds |
  • 8 baths |
  • 3,869 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1970
  • Property Lot Size Icon1.39acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $174/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Under contract-accepting backup offers. 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.

Listing Status:
Pending
Date Added:
July 4, 2025 at 05:00AM
Listing Office:
KELLER WILLIAMS ON THE WATER S : 941-803-7522
Listing Agent:
Garrett Sedlacek : 913-461-6882
MLS ID:
N6139553

This listing courtesy of Garrett Sedlacek, KELLER WILLIAMS ON THE WATER S

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Palm River Elementary School

805 Maydell Dr, Tampa, FL, 33619

Grades PK-5

0.13 miles away

D

Dowdell Middle Magnet School

1208 Wishing Well Way, Tampa, FL, 33619

Grades 6-8

0.82 miles away

H

Hospital/Homebound/Homebased Programs

3993 E 21st Ave, Tampa, FL, 33605

Grades PK-12

2.69 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.