16 Franklin Street

16 Franklin Street, Salem, MA, 01970

Description

16 Franklin Street sits in Salem, Massachusetts, near the intersection of Bridge Street and Boston Street. This low-rise building features a striking waterfront view of the Danvers River. The property is close to historic downtown Salem, which offers shopping and dining. It also provides quick access to public transportation and highways. This building contains 9 condominium units, constructed in 2025. Each unit ranges from 1,436 to 1,617 square feet and includes options for 2 or 3 bedrooms. The starting price for units begins at $1,100,000. All units come with oversized windows and high ceilings, enhancing the bright living areas. Top-of-the-line finishes add to the appeal of each home. Common amenities enhance the lifestyle here. Residents enjoy an indoor heated parking garage for convenience. The state-of-the-art fitness center helps keep fitness goals on track. A clubroom lounge provides space for gatherings, while the riverside outdoor kitchen and patio allows for socializing in an inviting setting. Unit prices reflect the desirable location and features. Over the past year, units sold for an average price of $1,100,000, with a price per square foot around $767. Properties typically spent about 29 days on the market, indicating a steady interest in this building. Nearby dining options include Leslie's Retreat and DOT and Rays. Families have access to educational services at Kiddie Koop Child Care Center. This building combines modern living with a scenic location, making it an attractive choice for potential buyers.