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$1,200,000

Active

16 Franklin Street #2501

Salem, MA, 01970

Condo · MLS #73540185

Price/sqft

$765

Days on market

13 days

3

Beds

2 full

Baths

1,569 sq ft

Sq Ft

1 car

Garage

Taxes: $0 (2025)

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.

Location

16 Franklin Street, #2501, Salem, MA, 01970

Property details

Sewer
Private
Style
Modified
Water
City/Town Water
Cooling
Heat Pump
Heating
Central Heat, Heat Pump, Forced Air
Flooring
Wood, Tile
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Waterfront
Ocean, Sound
Master Bath
Yes
Construction
Aluminum
Garage
Attached, Garage Door Opener, Heated
Parking
Deeded
Electric
Circuit Breakers
Interior
Intercom, Elevator
Waterview Features
Ocean, Sound

Listed by Merry Fox Team · MerryFox Realty

Schedule a showing

16 Franklin Street

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$7,724 / month

Down payment20% · $240,000
Interest rate6.43%

Loan term

Principal & interest
$6,024
Property tax
$1,200
Home insurance
$500

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).

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