Tucked into Ann Arbor's spirited Water Hill Neighborhood -- known for its colorful character and close-knit energy -- this 2-story Folk Victorian has 4 bedrooms, 2 full baths, and 1,181 sq ft of space with real personality and genuine potential. You enter directly into the dining room, a bright, welcoming space with good natural light and coved ceilings that hint at the home's older character. Through an arched entrance off the dining room is the living room, adding a bit of charm to the transition between the two main gathering spaces. Also off the dining room, the kitchen is bright and spacious, featuring original cabinets that speak to the home's history -- a solid blank slate ready for the next owner's vision. On the main floor, two bedrooms offer comfortable living space -- one of which could easily serve as a home office or flexible creative space -- with a full shared bath featuring a shower/tub combo just steps away. The back main-level bedroom includes a gas fireplace, adding acozy, functional touch that's hard to come by at this price point. Head upstairs to find two additional bedrooms and a full bath anchored by a clawfoot tub, a nod to the home's older soul. Basement laundry keeps daily routines out of the way, and the fully fenced backlot offers private outdoor space ready for whatever you have in mind ??? a garden, a gathering spot, or simply room to breathe. This is a great opportunity for the right buyer to roll up their sleeves and shape something truly special in one of Ann Arbor's most distinctive neighborhoods.