You don't want to miss this investment opportunity near Ball State University! This currently leased and locally managed 2-bedroom, 1-bathroom home offers 925 square feet and $1,170 in gross monthly rental income. Original hardwood flooring and exposed brickwork bring plenty of character throughout, while the kitchen features white cabinetry, black laminate countertops, tile backsplash and stainless steel appliances. The full bathroom has an original claw-foot tub, and the unfinished basement provides laundry and additional storage space. The exterior includes a covered front porch and rear deck, providing additional space to enjoy outdoors. Seller is willing to offer 1213 W. Gilbert Street and 408 S. College Avenue together as a package for $260,000 in total. ($20,000 savings versus the individual asking prices). Disclosure: Interior photos were taken when the property was not occupied, and do not reflect current tenant furnishings or occupancy. Property is currently leased and tenant occupied.