16 Franklin Street #2501, Salem, MA 01970

Salem
Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
16 Franklin Street #2501,Salem, MA 01970
$1,200,000
  • 3 Beds
  • 2 Baths
  • 1,569 sq. ft.
  • Condominium
  • Active
Listed by: merry fox team, daniel fox
Office: merryfox realty
MLS#:73540185
Source:MLSPIN

Price summary

  • Price:$1,200,000
  • Price per sq. ft.:$764.82
  • Monthly HOA dues:$776

About this home

Perched atop RIVERWALK, this exceptional penthouse residence offers luxury single-level living with sweeping river and city skyline views. Ideally located minutes from commuter rail service to Boston and the acclaimed dining, shopping, and cultural attractions of historic downtown Salem, it combines urban convenience with waterfront tranquility. The thoughtfully designed three-bedroom, two-bath layout features soaring ceilings, oversized windows, and an open-concept living space finished with wide-plank European oak flooring. The chef-inspired kitchen showcases Bosch appliances, custom cabinetry, and elegant quartz surfaces. The private primary suite includes a walk-in closet and a spa-like bath with radiant heated floors, dual vanities, glass shower, and smart bidet. Amenities include heated indoor garage parking, elevator access, Clubroom Lounge, fitness center, and a beautifully landscaped riverside patio.

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Home facts

  • Year built:2025
  • Listing ID #:73540185
  • Updated:August 14, 2026 at 11:21 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:6
  • Flooring:Tile, Wood
  • Kitchen Description:Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Living area:1,569 sq. ft.

Heating and cooling

  • Cooling:4 Cooling Zones, Heat Pump
  • Heating:Central, Electric, Heat Pump

Structure and exterior

  • Roof:Rubber
  • Year built:2025
  • Building area:1,569 sq. ft.
  • Construction Materials:Frame
  • Exterior Features:Deck

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,200,000
  • Price per sq. ft.:$764.82

Features and amenities

  • Appliances:Dishwasher, Disposal, Dryer, Intercom, Microwave, Range, Refrigerator, Washer
  • Laundry features:Dryer, First Floor, In Unit, Washer
  • Amenities:Clubroom, Elevator, Elevator(s)

Parking

  • Total parking spaces:1
  • Parking description:Attached, Deeded, Garage Door Opener, Heated Garage
  • Garage:Yes
  • Garage spaces:1
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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