Sold

691 Hillcrest St, Memphis, TN 38112

Beds
2
Bath
1

View property features, location on map, relevant school information and overview from seller's agent.

Listed bySTIXNBRIX
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Overview

Investor opportunity in the heart of Memphis! This charming 2-bedroom, 1-bath single-family home features 1,230 sq ft of living space on a 0.17-acre lot with hardwood and tile floors throughout. Recent upgrades include a brand-new central A/C system and coil, some LED lights, interior paint updates, and a new roof, offering peace of mind and reduced capital expenses. The property is currently tenant-occupied with a long-term resident of 9 years on a month-to-month lease, paying $750/month with market rent potential around $900/month. This is a low-maintenance, income-producing property ideal for buy-and-hold investors seeking stable cash flow and future upside. There are many updated/ complete rehab homes in the area that have helped establish a strong rental market. Long-term tenant of 9 years, please do not disturb.

Location

Full feature list

Basic info

Property type
House
Number of bedrooms
2
Number of bathrooms
1
Lot size (acres)
0.17
Year built
1922

Interior features

Basement
Yes
Fireplaces
1

Utilities

Heating
Central, Natural gas
Cooling
Ceiling fan(s), Central air
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount
$536

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Memphis Area Association of Realtors MLS®#: 10201731 Last checked:

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