Welcome to 125 Ludington Street, located in the East Lovejoy neighborhood, also known as Iron Island. Offering 1,056 square feet of living space, this 4-bedroom, 1-bath home is full of potential and ready for its next owner to make it their own. The main level features a spacious living and dining room combination, a large eat-in kitchen, and ample living space for everyday comfort. Upstairs, you'll find a loft area, two additional bedrooms, and a bonus room that could serve as a home office, playroom, hobby space, or whatever suits your needs. A previous tenant began work toward creating a primary suite on the second floor, providing an opportunity for customization. There is also the potential to add a second bathroom upstairs. Outside, enjoy a fully fenced yard complete with a storage shed, offering space for pets, gardening, or outdoor entertaining. Major updates provide peace of mind, including: Roof (3 years old), Central air conditioning (2 years old), Furnace (1 year old), Hot water tank (1 year old) Conveniently located within walking distance of Hennepin Park, local convenience stores, and directly across the street from the Mead Library, this home offers easy access to neighborhood amenities. While some TLC is needed, this property presents an excellent opportunity for homeowners, investors, or anyone looking to add their personal touch. Come see the possibilities and imagine the potential that awaits at 125 Ludington Street! This property qualifies for home-buyer credit up to $5,000.