NewburyportNews.com, Newburyport, MA

January 3, 2014

Possibilities abound for Salem landmark

BY LILLIAN SHAPIRO
DIRECTOR OF REAL ESTATE ADVERTISING

---- — Perfectly suited for the entrepreneur, the local practitioner or the homeowner with vision, is this newly listed turn-of-the-century Colonial ideally located in the heart of historic Salem. Featuring ample space for multiple exam rooms, conference rooms and more, this property could be “just what the doctor ordered” ... or the lawyer, dentist or small independent business professional. According to Realtor Michele Meadows of Tache Real Estate, “the sky’s the limit” with an offering like this.

“As it stands right now, it is classified as a single-family residence with a chiropractic office. With such a listing, a buyer could conceivably come in and retain its current use or they could turn it back into the beautiful single-family home that it once was. Of course, any change would require the new owner to do his due diligence, but the possibilities here are endless,” she says.

Presently, the first floor is composed of a spacious waiting room encased by floor-to-ceiling windows, three generous patient rooms, a physical therapy room with sink, an office and a half-bath. Additional features on this level include custom built-ins, fireplace, central air-conditioning and two-zoned heating.

Upstairs, are two bedrooms, living room, kitchen and a full bath with tiled shower and whirlpool bath. A bonus room, the Realtor points out, offers the possibility for a third bedroom or den. Should a buyer require even more living or office space, a tremendous walk-up attic is ripe for finishing.

Well maintained inside and out, this property is sited on a corner lot on well-traveled Lafayette Street offering unrivaled exposure. Unique to downtown Salem, parking is plentiful here with at least six off-street parking spots and a multiple-car detached garage. Other amenities include a newer roof and a recently upgraded separate electrical system.

“This property is just a stone’s throw from Salem State University and all that downtown Salem has to offer. Its appeal is very broad,” says Meadows. “It is presently a great income producer with tenants at-will in place right now, but it could also, with a bit of work, be transformed back to the gracious 2,700 square-foot period home it once was, as implied by its beautiful exterior. There are so many opportunities here.”

For more information on this property, which lists for $499,000, or to arrange a private showing, call Michele Meadows at 617-968-1884.

AT A GLANCE

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