16 Franklin Street # 2501,Salem, MA 01970
Salem, MA 01970
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.
Details
| MLS # | 73540185 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $779 |
| Sub-Type | Resale |
| Status | Active |
| Year | 2025 |
| Days On Site | 104 |
| Listing Provided By | MerryFox Realty | Merry Fox Team |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,569 |
| Garage | 1 |
| Story(s) | 1 |
| Units | 37 |
| Zoning | NRCC |
| Golf Course | Yes |
| Water Front | Yes |
Interior
| Rooms Total | 6 |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Heat Pump |
| Heating Yes / No | Yes |
| Heating | Central, Heat Pump, Electric |
| Interior Features | Elevator |
| Window Features | Insulated Windows |
| Appliances | Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer |
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
| Flooring | Wood, Tile |
Exterior
| Exterior Features | Deck |
|---|---|
| Roof | Rubber |
| Security Features | Intercom, TV Monitor |
| Construction Materials | Frame |
Parking
| Garage Yes / No | Yes |
|---|---|
| Attached Garage Yes / No | Yes |
| Parking Features | Attached, Garage Door Opener, Heated Garage, Deeded |
Utilities
| Sewer | Public Sewer |
|---|---|
| Electric | Circuit Breakers |
Taxes
| Tax Annual Amount | 0 |
|---|---|
| Tax Assessed Value | 0 |
| Tax Year | 2025 |
Location
| Community Features | Public Transportation, Shopping, Tennis Court(s), Park, Golf, Medical Facility, Highway Access, Public School, T-Station |
|---|---|
| Senior Community Yes / No | No |
Area Information
| State | MA |
|---|---|
| County | Essex |
| City | Salem |
| Zip Code | 01970 |
| Area | Essex |
| Listing VS Median (in 01970) | |
Price: $1,200,000 low | high Med: $479,900 sqft: 1,569 low | high Med: 1,937 $ / sqft: $765 low | high Med: $248 On site: 104 low | high Med: 168 | |
Market Activity 01970
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Learn More About This Property
| State | MA |
|---|---|
| County | Essex |
| City | Salem |
| Zip Code | 01970 |
| Area | Essex |
| Listing VS Median (in 01970) | |
Price: $1,200,000 low | high Med: $479,900 sqft: 1,569 low | high Med: 1,937 $ / sqft: $765 low | high Med: $248 On site: 104 low | high Med: 168 | |
 | $1,199,00016 Franklin Street # 2302Salem, MA 01970 |
 | $1,050,00016 Franklin Street # 1502Salem, MA 01970 |
 | $1,000,00016 Franklin Street # 1302Salem, MA 01970 |