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16 Franklin Street # 2501, Salem MA 01970

Active

16 Franklin Street # 2501, Salem MA 01970

$1,200,000

Estimated $7,394/month Calculator

Condo

3 Bedrooms

Baths

1569

Total Parking: 2 (1 Garage)

Built in 2025

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.

This home has been viewed 4 times

Last Checked: June 24th, 2026 at 9:23am (Source: MLS PIN #73540185)

Garage Parking

Air Conditioning

Waterview

Lead Paint Free

Accessible Features

Pre Construction

General Information for 16 Franklin Street # 2501, Salem MA 01970

Listing ID73540185

Property TypeCondominium

Price1200000 ($764.82/SqFt)

Building Style2/3 Family

CitySalem

CountyEssex

Neighborhood(s)Ipswich

Total Parking2 (1 Garage)

Unit Level2

Levels in Unit1

Year Built2025

Year Built SourceOwner

Year Built DetailsActual

Building Construction StatusPre-Construction

ZoningNRCC

Unit Features for 16 Franklin Street # 2501, Salem MA 01970

Approximate Living Area Total1569

Living Area Includes BasementNo

Rooms6

Bedrooms3

Primary En Suite BathroomYes

BasementFull

Cooling1, Split

LaundryArchway

Fireplaces

Outdoor SpaceNo

FlooringTile

Electric220 Volts

AppliancesRange

Condo Association Features for 16 Franklin Street # 2501, Salem MA 01970

Pet PolicyNot Allowed

Building ManagementDeveloper Advisory Board

Building Construction StatusPre-Construction

Number of Units37

Year Built2025

Year Built DetailsActual

Year Built SourceOwner

WaterPublic

SewerPublic Sewer

Parking Features1

Building AmenitiesBeach Rights

Disclosures for 16 Franklin Street # 2501, Salem MA 01970

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePlans

Special Listing Conditions

ExclusionsBasement Fridge

Compensation Based On

Documents AvailablePerc Test

Financial Information for 16 Franklin Street # 2501, Salem MA 01970

Association Fee

Optional Fee0

Association Fee IncludesLandscaping

Optional Fee Includes

Association Fee FrequencyMonthly

Assessed Value$0

Real Estate Tax0

Tax Year2025

Location Information for 16 Franklin Street # 2501, Salem MA 01970

Neighborhood(s)Ipswich

Area AmenitiesWalk/jog Trails

Contact Information for 16 Franklin Street # 2501, Salem MA 01970

Agent

Name: Merry Fox Team

Office

Name: MerryFox Realty

Phone: 978-808-8064

Team Members

Payment Calculator

, Interest

Property Taxes 0

Principal & Interest 7394.02

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

MerryFox Realty

Merry Fox Team

Agent Phone

Office Phone

(978) 808-8064

Text Agent Call Agent Call Office

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    [description] => 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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    [unparsed] => 16 Franklin Street # 2501, Salem MA 01970
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EXIT

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