LKV Realty
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$1,200,000
$6,000Reward *
16 Franklin Street Unit 2501, Salem, MA 01970Listing ID 73540185

16 Franklin Street Unit 2501, Salem, MA 01970

Active
Time on site: 55 daysLast updated: Jun 27, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Condominium
Bedrooms
Bedrooms
3
Bathrooms
Bathrooms
2
Square Feet
Square Feet
1,569
Days on Site
Days on Site
55
Cooling
Cooling
Heat Pump
Heating
Heating
Central, Heat Pump, Electric
Year Built
Year Built
2025
Stories
Stories
1
Garages
Garages
1
Parking
Parking
Attached, Garage Door Opener, Heated Garage, Deeded

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.

Property Information

Property Details

Location

Address
16 Franklin Street
County
Essex
City
Salem
Zip Code
01970

Interior Features

Beds and Baths

Bedrooms
3
Full Bathrooms
2

Building

Building Information

Square Feet
1,569
Year Built
2025
Stories
1
Construction
Frame
Roof
Rubber

Property Taxes

Tax Year
2025

Homeowner Association

HOA Fee
$776
HOA Fee Frequency
Monthly
MerryFox Realty, (978) 808-8064

Market Report for 01970

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MLS Property Information Network, Inc.
MLS Property Information Network, Inc. logo

Based on information submitted to the MLS GRID as of 17 Aug 2026, 07:48 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

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