Contractors and investors, bring your plans to this ranch set at the end of a cul-de-sac near the Swampscott line. The home requires extensive renovation but offers a solid layout and room to work with. Enter into a spacious living room featuring an oversized front window and large stone fireplace. The main level also includes an eat-in kitchen, two bedrooms, a full bath and access to the one-car garage. Downstairs, the expansive finished basement provides a large open living area and an additional room offering potential for use as a third bedroom. A substantial unfinished section provides room for storage, utilities or future improvements, while a walkout leads to the backyard. Convenient South Salem location close to Salem State University, Vinnin Square shopping and dining, area beaches, downtown Salem and commuter rail service. Property is being sold as is. Buyer and buyer's agent to perform all due diligence.