Investors, Flippers, Rehabbers, Wholesalers and Handy-Homeowners take notice! Best deal on the market in Salem right now! Rare opportunity to find a home that allows for sweat equity in modern real estate! This home has over 2300 sq ft finished right now, but has another 1500 sq ft above ground that can be finished (consult w/ town for permits) to grow this home to nearly 3900 sq ft! Possible In-Law? Huge return on your investment! Even more rare is to find this lovely 1+ acre lot in North Salem on a winding country road, lined with stone walls. You may love the 3 bay garage (tall enough for a lift) or the home's classic layout with 4 bedrooms upstairs. The kitchen is huge for entertaining or having great site lines to the open family room. The layout is amazing for casual dining and cozying up around the fireplace with heat blower. W&D are part of the half bath on the main floor. There is a true primary suite with twin closets, full bath and balcony overlooking the serene backyard. The basement is bone dry with interior French drain, built out to allow the basement to be finished. The metal roof is only 9 years old! HW heater, pressure tank and well pump are less than 1 year old. There are some items that will need your attention like paint, carpet and a kitchen update, but will all be exactly to your particular tastes! Fantastic bones, tons of parking, perfect location, quiet area, close to major routes, minutes to MA border, just needs TLC for huge rewards!