16 Franklin Street #2501
$1,200,000
3
Beds
2
Baths
1,569
Sqft
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$1,200,000
3
Beds
2
Baths
1,569
Living Area
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Property 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.
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Highlights
- Cooling: Heat Pump
- HOA Fee: $779
- Property Class: Residential
- Stories: 1
- Unit Number: 2501
- Status: Active
- Heating: Central, Heat Pump, Electric
- Parking Spots: 1
- Property Type: Condominium
- Total Rooms: 6
- Year Built: 2025
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Additional Details
- Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
- Construction: Frame
- Flooring: Wood, Tile
- Pets Allowed: Yes
- SqFt Source: Unit Floor Plan
- Year Built Details: Actual
- Zoning: Nrcc
- Basement: N
- Exterior Features: Deck
- Interior Features: Elevator
- Roof: Rubber
- Total Number of Units: 37
- Year Built Source: Owner
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Golf, Medical Facility, Highway Access, Public School, T-Station
- Parking Features: Attached, Garage Door Opener, Heated Garage, Deeded
- Waerfront: Yes
- Covered Parking Spaces: 1
- Security Features: Intercom, TV Monitor
- Waterfront Features: Waterfront, Ocean, Sound, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- HOA Fee Frequency: Monthly
- Tax Year: 2025
- HOA Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
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Listing information provided courtesy of MerryFox Realty.
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