, Salem, MA

February 1, 2013

Elegance and opportunity in Salem's historic district


---- — Sited in the heart of Salem’s distinguished McIntire District, find the Albert Goodhue House, circa 1893. This historic manse, listed by the Sullivan Team of RE/MAX Advantage Real Estate for $825,000, features every stunning period detail that one might expect here. From corner quoins to cornice dentil moldings to an astounding five fireplaces, this home stands true to its turn-of-the-century roots.

“This house is a spectacular example of the Colonial Revival style, combining elements from Georgian Colonial and Federal vernaculars,” says broker/owner Kathleen Sullivan. “This is a rare opportunity to own a piece of our North Shore Americana.”

In addition to its obvious historic relevance, this property affords a lucrative income opportunity, as well. At present, the house is configured as a three-family. The two-story owner’s unit is complete with an exceptionally grand foyer, spacious living room with fireplace, oak paneled dining room, in-home office, luxurious Jacuzzi bath, and a granite and stainless kitchen. Sharing the level above are two bedrooms, a dressing room and a second bath with shower.

Two rental units, one on the second floor and the other on the third, offer open and airy living rooms and bedrooms, fireplaces, fully applianced kitchens, and generous closet space.

“This property must really be seen to be fully appreciated,” Sullivan says. “There is a lot of flexibility with the floor plan. One buyer might want to make a first-floor master suite, while another buyer may simply want to convert the house back to a single-family. With 15 rooms and over 5,000 square feet of living space, there are so many possibilities.”

Larger than the average homes of the day, this house features many exaggerated and thoughtfully preserved details, such as overstated window frames, showy dormer pediments, cornice console brackets and embellished round-arched dormers. Notwithstanding these historic touches, one will also find many modern improvements, including updates to the main kitchen, the addition of a porch and patio, an in-ground sprinkler system, and a professionally landscaped private yard with plush gardens.

Mere steps from an active downtown, the appeal of this home is made even greater thanks in part to its desirable proximity to area museums, the commuter rail and the waterfront.

According to Sullivan, “This is a splendid representation of a significant period in Salem. It is everything you would expect from a historic property.”

An open house is planned at 87 Federal St., Salem, on Sunday from noon to 1:30 p.m. For more information, or to schedule a private viewing, call Kathleen Sullivan at 978-927-9199.

AT A GLANCE 15 rooms 5+ bedrooms 4.5 baths 5,011 square feet Parking for 5 cars $825,000 LISTED BY The Sullivan Team RE/MAX Advantage Realty 978-927-9199