I'm no expert but I am in the middle of renovating a house that was partly over 100 years old. Houses built over 100 years old were sometimes built very well but sometimes they were thrown together as sort of temporary houses for workers and built from scraps they could salvage. This house in your picture looks small and not intended for the long run I don't think. I'd want to see whats under the dry wall at least. The stairs look pretty good and the foundation ok but the roof looks weak. Are there any crooked walls or sagging?
I don't think historic houses make good fix and flips. They end up costing the same as an average new house. In the long long run some of the well built ones I think are worth it but not the little "worker" houses. It also really depends on location. If the location is worth the fix then it might be worth it in the longer run. But also i don't think anyone should cheap it on a historic house.
If its officially designated historic that can get very complicated in some locations.