
16 Franklin Street #2203 Salem — Photo 1 of 40
Beds
3
Baths
2
SqFt
1,479
Style
Condominium
Built
2025
Luxury living with an effortless commute to Boston. This newly constructed 3-bedroom, 2-bath condominium offers sophisticated waterfront living in one of the North Shore’s most desirable locations. Designed for those who appreciate quality, comfort, and convenience, this residence features soaring ceilings, expansive windows, European oak flooring, and premium finishes throughout.The stunning chef’s kitchen showcases Bosch stainless steel appliances, custom cabinetry, quartz countertops and backsplash, opening seamlessly to the spacious living and dining areas—an inviting setting for both everyday living and entertaining. The serene primary suite offers water views, a generous walk-in closet, and a spa-inspired bath complete with heated floors, double vanity, oversized tiled shower, and smart bidet.Step outside to your private balcony and enjoy the beauty of the waterfront, or take advantage of exceptional building amenities including heated garage parking, elevator access, a state-of-the-art fitness center, Clubroom Lounge, and Riverside Outdoor Kitchen & Patio.Perfectly positioned just moments from downtown Salem’s acclaimed restaurants, shops, waterfront attractions, and vibrant cultural scene, with direct commuter rail service to Boston, this is luxury living without the hassle of a long commute. Come home to a residence where elevated design, waterfront surroundings, and city convenience come together beautifully.
Market Value Analysis
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Salem, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl SecondDining Room
Lvl SecondKitchen
Lvl SecondMaster Bedroom
Lvl SecondBedroom 2
Lvl SecondBedroom 3
Lvl SecondBathroom 1
Lvl SecondBathroom - Full
Bathroom 2
Lvl SecondBathroom - Full
Property History
$1,100,000
Sep 11, 2026
MLS® 73575829
$1,100,000
Aug 17, 2026
MLS® 73529255
$1,100,000
Jun 3, 2026
MLS® 73529255
Population
44,738
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$85K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
50.4%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Essex County
992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Merry Fox Team
Listing Office: MerryFox Realty
MLS® Number: 73575829
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