I've shown this house a number of times and love it. The problem is the floor plan. On the right side you walk directly into the kitchen family room, on the left side the rooms are small with the low ceilings. There is no garage.
If you are willing to do work, I think this could be really neat. I'd add a garage and better master. On the other side, I'd be tempted to open the living room and have a soaring space with the beams. The other side would then become a loft. Now I haven't checked with Town Hall to see that this is do-able. If I remember correctly, this is a probable short sale.
If you buy this house without a plan to make improvements or changes just remember how long it's been on the market and how hard it has been to find a buyer. Time will not alter the challenges of a future resale, change will.