691 Hillcrest St, Memphis, TN 38112

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.