310 S College Avenue

About this home

Investment opportunity walking distance from Ball State University! This charming 2 bedroom, 1 bathroom bungalow is the perfect addition to your rental portfolio with reliable tenants already in place and a lease generating $1,140 per month through July 25, 2027, providing immediate cash flow from day one. This classic bungalow is full of character with its inviting covered front porch, original hardwood floors, and timeless architectural details. Inside, you'll find a spacious living room and a functional layout that makes excellent use of the space. The unfinished basement offers plenty of storage along with additional space that could serve as a recreation area, workshop, or hobby room. Located in a quiet neighborhood just a short walk from Ball State University, this home provides easy access to campus while maintaining a peaceful residential setting. A detached one-car garage and long driveway offer ample off-street parking. With dependable tenants already in place, this is a great opportunity to purchase an income-producing property that is already performing from day one.

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