16 Franklin # 2303, Salem MA 01970

Salem, MA 01970
$4,650/mo
3
Beds
2
Baths
1,550
Sq Ft
0
Lot Sq Ft
2026
Year Built
1
Parking
4 hours 27 minutes
Time on Market
Active Listed Jul 25, 2026 • MLS# 73554925 Copied! • Updated Jul 25, 2026

About this home

RIVERWALK at SALEM – Brand-New Luxury Waterfront Rental | Available Now. Be the first person ever to live in this exceptional new residence at Riverwalk, Salem's premier waterfront condominium community. This is the first and only rental opportunity currently available in this luxury new-construction development. Designed with upscale finishes throughout, this bright & open 3-bedroom, 2-bath home features an open-concept floor plan, water views, and a private balcony. The chef-inspired kitchen is appointed with premium cabinetry, stone countertops, and high-end Bosch appliances, creating a space that's as beautiful as it is functional. The luxurious primary suite offers a true spa experience, complete with a double-sink vanity, an oversized glass-enclosed shower, heated tile floors, and a heated towel rack. Every detail reflects the quality and comfort expected in a high-end condominium. Additional features include elevator service, heated garage parking with private storage, central air, and beautifully finished living spaces throughout. Outdoor amenities include a scenic waterfront walking path, common patio, and outdoor grilling area. An indoor fitness center and recreation room are currently under construction. Ideally located just minutes from downtown Salem's restaurants, shops, museums, and the commuter rail to Boston, this is a rare opportunity to enjoy luxury waterfront living in a pristine, never-before-occupied home.

Property History

Property Timeline

🏠
Listed for Sale
Jul 25, 2026
$4,650
Original listing
Agent: Mark M. Wade Office: Coldwell Banker Realty - Marblehead

Tax History

Year Taxes Assessment
Tax history not available

Facts & Features

New Construction

Home Facts

Type Residential Lease
Style Condominium
Year Built 2026
Living Area 1,550 sq ft
Lot Size 0.00
Bedrooms 3
Full Baths 2
Total Rooms 6

Rental Details

Available Available Now
Lease Term Term of Rental(12)
Rent Includes Water, Sewer, Trash Collection, Snow Removal, Recreational Facilities, Gardener, Laundry Facilities, Parking
Security Deposit $2,000
Required First MonthLast MonthDepositReferences
Pets No
Pet Policy No Pets
Heating Heat Pump
Cooling None
Flooring None
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Fireplace None
Basement None
Laundry Main Level, Third Floor, In Unit
Features Open Floorplan, Recessed Lighting, Lighting - Overhead, Entry Hall, Handicap Equipped, Elevator, Single Living Level, Internet Available - Broadband
Construction None
Architecture None
Roof None
Features Deck - Vinyl, Patio, Covered Patio/deck, Professional Landscaping, Decorative Lighting, Gazebo, City View(s)
Pool None
Spa None
Fencing None
Patio/Porch Deck - Vinyl, Patio, Covered
Features None
Total Spaces 1

Utilities

Electric None
Water None
Sewer None
Gas None
Other None

Building & Pet Policy

Fee Includes None
Amenities None
Optional Fee Includes None
Possession None
Accepted Financing None
Structure Type []
Unit/Building 2303
Sq Ft Source Unit Floor Plan
Documents None
County Essex

Property Overview

Property Type
Condominium
Listing Type
For Rent
Year Built
2026
Bedrooms
3
Full Bathrooms
2
Living Area
1,550 sq ft
Total Rooms
6
Entry Level
3
Main Level Bedrooms
1

Room Details

Third Floor

Bathroom2
Bathroom - Full, Bathroom - Tiled With Tub & Shower

Other Floor

Bedroom5
Bedroom4
Bedroom3
Bedroom2
Bathroom3
Office
Family Room
Master Bathroom
Yes

Main,Third Floor

Bathroom1
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Bidet, Cabinets - Upgraded, Double Vanity, Recessed Lighting, Lighting - Overhead
Dining Room
Open Floorplan, Recessed Lighting, Lighting - Overhead, Flooring - Engineered Hardwood
Kitchen
Dining Area, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant, Lighting - Overhead, Flooring - Engineered Hardwood
Living Room
Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Flooring - Engineered Hardwood
Master Bedroom
Bathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), High Speed Internet Hookup, Recessed Lighting, Lighting - Overhead, Flooring - Engineered Hardwood

Interior Features

Flooring:
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Interior Features: Open Floorplan, Recessed Lighting, Lighting - Overhead, Entry Hall, Handicap Equipped, Elevator, Single Living Level, Internet Available - Broadband
Windows:
Basement:
Laundry: Main Level, Third Floor, In Unit
Security:

Construction & Materials

Year Built: 2026
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating: Heat Pump
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features: Deck - Vinyl, Patio, Covered Patio/Deck, Professional Landscaping, Decorative Lighting, Gazebo, City View(s)
Patio & Porch: Deck - Vinyl, Patio, Covered
Fencing:
Other Structures: Gazebo
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features:

Special Features

Waterfront: Yes
Waterfront Type: Waterfront, 1/2 to 1 Mile To Beach
View: Yes
View Type: City
Community Amenities: Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Marina, T-Station, University
E

Elementary Schools

3 schools
B-
Carlton School
0.5 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
B+
Bates School
0.7 mi | #325 of 824 | Score: 50.0
Improved 254 spots from last year
-8.2 below state avg
410 students Diverse
Rising School Diverse Student Body
Grades PK-05
The Phoenix School
0.7 mi
Grades PK-08
M

Middle Schools

3 schools
C+
Collins Middle School
0.9 mi | #219 of 352 | Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students Diverse
Rising School Diverse Student Body
Grades 06-08
C+
J. Henry Higgins Middle School
2.2 mi | #240 of 352 | Score: 37.2
Improved 5 spots from last year
-21 below state avg
1,320 students Diverse
Grades 06-08
B+
Village School
2.2 mi | #253 of 824 | Score: 52.3
Dropped 64 spots from last year
-5.9 below state avg
529 students Moderate
Grades 04-06
H

High Schools

3 schools
B+
Salem Academy Charter School
0.9 mi | #139 of 346 | Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
Bishop Fenwick High School
1.3 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
B
Salem High School
1.6 mi | #144 of 346 | Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
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Location

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Neighborhood

16 Franklin # 2303, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Mark M. Wade
Listing Office Coldwell Banker Realty - Marblehead
Office Phone 781-631-9511
Agent MLS ID C9501114
Office MLS ID AN6221
Listing Data Updated Jul 25, 2026 9:33 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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