Value-add opportunity in the heart of Albion! Welcome to 140 S 4th St, a 3-bedroom, one and a half bath home with additional potential and plenty of character. Built in 1960, this property is ideal for an owner-occupant looking to build equity through updates or an investor seeking a home with strong upside after renovation. The main floor features two bedrooms, one full bathroom, a spacious living/dining area, and an eat-in kitchen with generous cabinet storage. The home offers charming architectural details throughout, including hardwood floors, wood trim, arched openings, built-ins, unique ceiling lines, and warm second-floor wood paneling that gives the property character you do not often find in newer homes. Upstairs, you will find a flexible bonus room that could serve as a family room, playroom, office, hobby space, or additional lounge area, along with a third bedroom. The full unfinished basement provides extra storage and utility space, plus a below-grade half bathroom that is waiting to be finished, adding even more future functionality. Outside, the property includes a detached 2.5-car garage with plenty of room for parking, storage, tools, or workshop use. The corner lot is over a quarter of an acre, giving the home a comfortable yard and usable outdoor space. Located near the main part of Albion, this property offers convenient access to local shops, services, schools, community amenities, and the small-town charm that makes Albion a desirable place to call home. This home is being sold as-is and is ready for its next owner to bring vision, updates, and TLC. Whether you are looking for a personal home with equity potential or your next investment project, this diamond in the rough is definitely worth a look.