20 S Shore RoadSalem, NH 03079Price: $550,000

Waterfront on South Shore of Canobie Lake, year-round home makes a great opportunity for buyers with an eye for value. 1930's style 1.5 stories with basement, small garage and garden shed on .25 acres. Open rear deck and enclosed screen porch face the water with level grass area and fence at headwall near water's edge. Fully enclosed rear yard privacy with direct basement access. Informal layout on main level with kitchen and dining, office or den and living room plus there's a bedroom and full bath making living all on one level possible. Second floor bedroom or studio space is a fun space for guests or kids sleeping space. The house sits well off the road and there's a garden shed and outbuilding that will cover a single car. Plenty of parking, yard and gardening space. Just a few minutes from Tuscan Village for shopping, dining, and entertainment options. Waterfront at this price point is rare. Sellers have very limited knowledge of the property as they acquired it through an estate and have never been at the property. Basement has some finished walls and a bath with low ceiling height and is not considered a suitable living area. It is not known if the bath in basement is functioning. Portions of the roof are older with no active leaks known. Serviced by town sewer at $105 per quarter and private well and FHW oil heat. Property sits in a Flood Zone that may require flood insurance. Canobie Lake allows some recreational and boating actvities including kayaking but because it is a public drinking water resource, no swimming, jet skis or waterskiing is allowed. Generator is not currently connected. Property is currently leased at below market rate through August 2029. Tenant willing to discuss a lease buyout.