16 Franklin Street # 2501 Salem, MA $ 1,200,000
16 Franklin Street # 2501
$ 1,200,000
Recently Listed
Open House 6/27 11:30am - 1pm
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16 Franklin Street # 2501

Salem, MA, 01970
$ 1,200,000
Bedrooms3 Baths2.0 Sq 1,569

Monthly Estimate*

$ 7,577

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Condo for sale in Salem, MA

for $1,200,000 with 3 bedrooms and 2 full baths. This 1,569 square foot condo was 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.

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Open House

6/27/2026 11:30 AM - 1:00 PM
6/28/2026 11:30 AM - 1:00 PM
16 Franklin Street # 2501 Salem, MA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Condo Active

Price

$ 1,200,000

Bedrooms

3

Full Bath

2

Property Type

Condo

Taxes

$ 0

Style

Garden

Year Built

2025

Town/City

Salem

County/Region

Essex

MLS | Web ID

73540185

List By
Merry Fox Team

Listing Agent

Merryfox Realty

Broker

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$7,577
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Monthly Principal & Interest
$7,577
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Pricing History
DatePricePrice ChangeDescription
6/23/2026$1,200,000 Listed Price

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16 Franklin Street # 2501, Salem, MA, 01970 is a Condo for sale at $1,200,000 with 1,569 sqft. 16 Franklin Street # 2501 has 3 bedrooms, 2.0 baths, and was built in 2025. The property's zip code is 01970 which is in Salem, MA