For Sale
16 Franklin Street #2501
Salem, MA
$1,200,000
3 bd/2 ba/1,569 sf
Courtesy of MerryFox Realty
This home is listed by another brokerage. We can arrange a viewing, and we can represent you as the buyer.
The listing brokerage last updated this record on September 17, 2026.
Photographs

31 photographs from the listing brokerage, shown as they published them.
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.
The details
- Property type
- Condominium
- Bedrooms
- 3
- Bathrooms
- 2
- Interior
- 1,569 sq ft
- Year built
- 2025
- Price per sq ft
- $765
- County
- Essex
- HOA fee
- $779 / monthly
- Heating
- Central · Heat Pump · Electric
- Cooling
- Heat Pump
- Basement
- N
- Parking
- 1 (1 garage)
- Stories
- 1
- Roof
- Rubber
- Sewer
- Public Sewer
- Water
- Public
- Zoning
- NRCC
- Days on market
- 86
- MLS #
- 73540185
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