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$1,225,000
3 Beds 2 Baths
HOA
$742
SQFT
1506
16 Franklin Street
Salem, MA 01970
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Property Description

Enjoy breathtaking water views and the ease of modern single-level living on the North Shore. This new, spacious 3-bedroom, 2-bath condominium is designed for the most discerning buyer. This residence features soaring ceilings, oversized windows, top-of-the-line finishes, and private balcony. The chef’s kitchen impresses with Bosch stainless appliances, custom cabinetry, and quartz counters and backsplash, opening to a bright, open-concept living and dining area with European oak hardwood floors. Gaze at the water from the serene primary suite with walk-in closet, heated bathroom floors, double vanity, smart bidet, and a seamless tiled shower. Exclusive amenities include indoor heated parking, elevator, Clubroom Lounge, state-of-the-art fitness center, and Riverside Outdoor Kitchen and Patio. Just across from vibrant historic downtown Salem and the train to Boston, this stunning condominium blends sophistication, comfort, and convenience in a truly exceptional setting.

Property Details

Amenities

  • Amenities: Golf Course, Highway Access, Medical Facility, Park, Public School, Public Transportation, Shopping, T-Station, Tennis Court
  • Association Fee Includes: Clubroom, Elevator, Exercise Room, Exterior Maintenance, Landscaping, Master Insurance, Refuse Removal, Reserve Funds, Sewer, Snow Removal, Water

Kitchen, Dining, and Appliances

  • Kitchen Level: Fourth Floor
  • Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Dining Room Level: Fourth Floor

Bathrooms

  • Full Baths: 2
  • Master Bath: 1
  • Bathroom 1 Level: Fourth Floor
  • Bathroom 1 Features: Bathroom - Full
  • Bathroom 2 Level: Fourth Floor
  • Bathroom 2 Features: Bathroom - Full

Bedrooms

  • Bedrooms: 3
  • Master Bedroom Level: Fourth Floor
  • Bedroom 2 Level: Fourth Floor
  • Bedroom 3 Level: Fourth Floor

Other Rooms

  • Total Rooms: 6
  • Living Room Level: Fourth Floor

Utilities

  • Heating: Central Heat, Electric, Heat Pump
  • Heat Zones: 4
  • Cooling: Heat Pump
  • Cooling Zones: 4
  • Electric Info: Circuit Breakers
  • Energy Features: Insulated Windows
  • Water: City/Town Water
  • Sewer: City/Town Sewer

Unit Features

  • Square Feet: 1506
  • Unit Building: 2403
  • Unit Level: 4
  • Interior Features: Elevator, Intercom
  • Security: Intercom, TV Monitor
  • Floors: 1
  • Pets Allowed: Yes
  • Laundry Features: In Unit
  • Accessability Features: Yes

Condo Complex Information

  • Condo Type: Condo
  • Complex Complete: No
  • Number of Units: 37
  • Elevator: Yes
  • Condo Association: U
  • HOA Fee: $742
  • Fee Interval: Monthly
  • Management: Professional - Off Site

Construction

  • Year Built: 2025
  • Style: Garden
  • Construction Type: Frame
  • Roof Material: Rubber
  • UFFI: No
  • Flooring Type: Tile, Wood
  • Lead Paint: None
  • Warranty: No

Garage & Parking

  • Garage Parking: Attached, Deeded, Garage Door Opener, Heated
  • Garage Spaces: 1
  • Parking Features: Deeded
  • Parking Spaces: 1

Exterior & Grounds

  • Exterior Features: Deck
  • Pool: No
  • Waterfront Features: Ocean, Sound
  • Distance to Beach: 0 to 1/10 Mile
  • Beach Ownership: Public
  • Beach Description: Ocean, Sound

Other Information

  • MLS ID# 73467805
  • Last Updated: 01/17/26
  • Documents on File: Association Financial Statements, Floor Plans, Master Deed, Rules & Regs, Unit Deed

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Map

Seller's Representative: Merry Fox Team, MerryFox Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-01-17 03:05:00