Off Market

16 Franklin St Unit 2501, Salem, MA

Salem · MA 01970

$1,200,000
Price
3
Beds
2
Baths
1569
Sq. ft.

Overview

Property type: Condominium
HOA: HOA: $779 / mo
HOA Fees Include
Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Exercise Room, Clubroom, Refuse Removal, Reserve Funds, Management Fee
Special Assessment
No
Floor: 2nd floor
Accessibility: Elevator
Pets: Pet Friendly
Parking: 1 Garage Space
Heating & cooling: Heat, Heat Pump, Electric, AC
Laundry: In Unit Laundry
Outdoor space: Private Outdoor
Views: Ocean, Sound Views

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.

Neighborhood & Transit

16 Franklin St, Salem · MA 01970

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Salem Commuter Rail 1 route 0.15 mi
    • Newburyport/Rockport Line

Price Insight

Days on Market:
134 days
Listing Price:
$1,200,000
Price per Sq.Ft:
$765
Tax Assessment:
Unknown
Taxes:
Unknown
HOA Fee:
$779 / Monthly

Home Facts

Where is the Unit in the building?

Unit Placement
2nd | Upper, Corner
Views
Waterview, Waterfront
Elevator
Yes
Handicap Access
Yes

Interior Features

Bedrooms
3
Full Bathrooms
2
Half Bathrooms
0
Living Area
1,569 Sq.Ft
Kitchen
Main Floor, Dishwasher, Range, Garbage Disposal, Microwave, Refrigerator, Washer, Dryer
Primary Bedroom
Main Floor, En-suite bathroom
Laundry
In Unit, Main Floor
Living levels
1
Rooms
6
Above grade area
1569
Flooring
Wood, Tile
Lead paint
None

Utilities

Heating Type
Central Heat, Heat Pump, Electric
Heating Zone
4
Cooling
Heat Pump
Cooling Zones
4
Water
City/Town Water
Sewer
City/Town Sewer
Electric Features
Circuit Breakers

Exterior Features

Outdoor Space
Yes - Private
Features
Deck

Parking

Garage Parking
1 Parking Space, Attached, Heated, Garage Door Opener
Off Street Parking
None, Deeded

Home Owner Association information

Restrictions
Smoking - In Common Areas, Smoking - In Units
HOA
$779 / Monthly
HOA Includes
Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Exercise Room, Clubroom, Refuse Removal, Reserve Funds, Management Fee
Special Assessment
No
Pets allowed
Yes
Security
Intercom, TV Monitor

Room details

Living room level
First Floor
Dining room level
First Floor
Bedroom 2 level
First Floor
Bedroom 3 level
First Floor
Bathroom 1 level
First Floor
Bathroom 1 features
Bathroom - Full
Bathroom 2 level
First Floor
Bathroom 2 features
Bathroom - Full

Listing information

Listing agent
Merry Fox Team
Listing office
MerryFox Realty
MLS PIN #
73540185
Disclosure
READY FOR IMMEDIATE OCCUPANCY. Other layouts available. Extra parking available. EV Charger ready. Decks are fire suppression protected. Some pictures are renderings and virtually staged.

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