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16 Franklin Street 2501, Salem MA 01970
16 Franklin Street 2501, Salem MA 01970
Massachusetts>Salem>North Salem

16 Franklin Street 2501Salem, MA 01970

For Sale

$1,200,000

Smart Buyer Rebate $6,000

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.

Listed by Daniel Fox

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MerryFox Realty

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978-808-8064

Listed by Merry Fox Team

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MerryFox Realty

Last updated June 27, 2026

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Source: MLSPin #73540185

Listing Facts

  • TypeCondo
  • NeighborhoodNorth Salem
  • Bedrooms3
  • Bathrooms2
  • Days on Prevu38
  • HOA/Maint. Fees$776/month
  • Size1,569 sqft
  • Price per sqft$765

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Pets Allowed
  • Elevator
  • Parking
  • Fitness Center

Location

Mortgage Calculator

Listing History

06/23/2026
Listed by MerryFox Realty
$1,200,000

Property Details for 16 Franklin Street 2501

Association

Amenities

  • Association Amenities: Elevator(s), Fitness Center, Clubroom
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Golf, Medical Facility, Highway Access, Public School, T-Station
  • Pets Allowed: Yes

Fees

  • Association Fee: $776.00 Monthly
  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Exterior

Construction

  • Number Of Units Total: 37
  • Roof: Rubber
  • Stories: 1
  • Stories Total: 1
  • Structure Type: Garden
  • Window Features: Insulated Windows
  • Year Built: 2025
  • Year Built Details: Actual
  • Common Walls: Corner
  • Construction Materials: Frame
  • Entry Level: 2
  • Entry Location: Unit Placement(Upper)
  • Exterior Features: Deck

Features

  • Patio And Porch Features: Deck
  • Waterfront Features: Waterfront, Ocean, Sound, Ocean, 0 To 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront: Yes

Measurements

  • Building Area Total: 1,569
  • Building Area Units: Square Feet
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: 2132543
  • Tax Year: 2025

Interior

Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Flooring: Wood, Tile
  • Interior Features: Elevator

Measurements

  • Living Area: 1,569
  • Living Area Source: Unit Floor Plan

Rooms

  • Basement: N
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • Rooms Total: 6

Other

Features

  • Accessibility Features: Accessible Entrance

Parking

Parking

  • Attached Garage: Yes
  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: Attached, Garage Door Opener, Heated Garage, Deeded
  • Parking Total: 1

Utilities

Equipment

  • Cooling: Heat Pump
  • Has Cooling: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Heat Pump, Electric
  • Has Heating: Yes
  • Laundry Features: First Floor, In Unit
  • Other Equipment: Intercom
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 3 bedrooms and 2 bathrooms in this condo at 16 Franklin Street 2501.

Does this condo have parking?

Yes, there is 1 parking space available for 16 Franklin Street 2501.

Are pets allowed at 16 Franklin Street?

Yes, 16 Franklin Street allows pets.

How does 16 Franklin Street 2501 compare to other condos in North Salem?

This condo is listed 62% above the average price for condos in North Salem and has been on the market for 36 less days than the typical home in this area.

What is the square footage on this condo?

According to the MLS, this listing is 1,569 sqft.

16 Franklin Street 2501 is a 3-bedroom, 2-bath condo for sale in Salem MA 01970. Listed on Prevu for 38 days at $1,200,000. This property features 1,569 square feet of living space, located in North Salem. The median listing price for condos in this area is $775,000. The home offers private outdoor space, dishwasher, pets allowed, elevator, fitness center, parking, and washer/dryer. View other condo listings in Salem.

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, landlords 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, leasing or renting 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, leasing or renting. 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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.