Listed price in listed location currency (USD).
$1,200,000

321

MLS® 73540185

  • Key Facts
  • Description
  • Map

Key Facts

Type Condominium
Levels Residential
Size 1569 sqft
Garage Yes
HOA Fees $776
Taxes 
Days Active 0
Approx. Age 2025
Avg. Price Per Sqft $764
MLS® Number 73540185

Property Address: 2501-16 Franklin Street, Salem, MA, 01970

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number73540185
Locker
Ensuite LaundryYes
Balcony
Furnished
Laundry LevelFirst Floor
Exposure
Exterior
GarageYes
Approx. Age2025
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral, Heat Pump, Electric
A/CHeat Pump

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 23, 2026List Date
$1,200,000List Price

Home Appraisal

This property is estimated to sell between: $947,000 and $1,327,000.
Similar properties in this area sold on average for: $947,055
Expected to sell in 19 days. Similar properties sold in 19 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
16 Franklin Street, Salem, MA

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