CASH & REHAB OPPORTUNITY! Bring your vision and tools to this stately Historic Colonial. This is a true "diamond in the rough" waiting for a comprehensive restoration to return it to its former glory. Featuring the classic bones and architectural character of a bygone era, this property offers a massive equity-building opportunity for a savvy homeowner or investor. While the primary appeal is residential restoration, the property is uniquely situated in a C-2 zoning district. This adds incredible long-term value, offering the flexibility for a high-end professional office (Law, Medical, Insurance) or a charming boutique retail space. Whether you’re looking to create a stunning private residence or a unique live-work setup, the potential here is unmatched. Buyers and their agents are advised to perform their own due diligence regarding specific use permits.

Listing courtesy of Mary-Jo Driggers of Keller Williams Gateway Realty/Salem



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Last checked: 2026-04-17 05:20 AM UTC