16 Franklin Street # 2201, Salem MA 01970

Salem, MA 01970

$975,000

Est. $5,872/month

3

Beds

2

Baths

1,579

Sq Ft

$617

Price/Sq Ft

2025

Year Built

Condominium

Type

16 hours 12 minutes

Time on Market

Active Open House Listed Apr 1, 2026 • MLS# 73494653 Copied!

About this home

RIVERWALK presents a refined collection of luxury single-level boutique condominiums on the North Shore, designed for effortless, elevated living. Ideally located with easy access to the train to Boston and the acclaimed dining, shopping, and culture of downtown Salem, it offers the perfect balance of connection and retreat.This beautifully appointed three-bedroom, two-bath residence features single-level living with oversized windows, high ceilings, and water and skyline views. The chef’s kitchen includes Bosch appliances, custom cabinetry, and quartz countertops, opening to spacious living and dining areas with European hardwood floors.The primary suite includes a walk-in closet and spa-like bath with heated floors, double vanity, glass shower, and smart bidet. Development amenities include heated garage parking, elevator, Clubroom Lounge, fitness center, and riverside outdoor patio.

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Property Overview

Property Type

Condominium

Listing Type

For Sale

Year Built

2025

Bedrooms

3

Full Bathrooms

2

Living Area

1,579 sq ft

Total Rooms

6

Stories

1

Entry Level

2

Open House Schedule

04

Apr

Saturday, April 4

11:30 AM - 1:00 PM EDT

19

Apr

Sunday, April 19

11:30 AM - 1:00 PM EDT

18

Apr

Saturday, April 18

11:30 AM - 1:00 PM EDT

Facts & Features

1 Car Garage

Home Facts

Type Residential

Style Condominium

Year Built 2025

Living Area 1,579 sq ft

Bedrooms 3

Full Baths 2

Total Rooms 6

Interior

Heating Central, Heat Pump, Electric

Cooling Heat Pump

Flooring Wood, Tile

Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer

Fireplace None

Basement N

Laundry Second Floor, In Unit

Features Elevator

Exterior

Construction Frame

Architecture None

Roof Rubber

Features Deck

Pool None

Spa None

Fencing None

Patio/Porch Deck

Parking

Garage Spaces 1

Has Garage Yes

Features Attached, Garage Door Opener, Heated Garage, Deeded

Total Spaces 1

Utilities

Electric Circuit Breakers

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax 0.00

Assessed Value 0.00

Interior Features

Flooring: Wood, Tile

Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer

Interior Features: Elevator

Windows: Insulated Windows

Basement: N

Laundry: Second Floor, In Unit

Security: Intercom, TV Monitor

Construction & Materials

Year Built: 2025

Structure Type: Garden

Exterior Materials: Frame

Roof: Rubber

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Central, Heat Pump, Electric

Heating Zones: 4

Cooling: Heat Pump

Cooling Zones: 4

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: Deck

Patio & Porch: Deck

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Garage Spaces: 1

Garage Type: Attached

Total Parking Spaces: 1

Parking Features: Attached, Garage Door Opener, Heated Garage, Deeded

Special Features

Waterfront: Yes

Waterfront Type: Waterfront, Ocean, Sound, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)

Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Golf, Medical Facility, Highway Access, Public School, T-Station

Location

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Neighborhood

16 Franklin Street # 2201, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

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

1 school

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

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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Homeowners Insurance $200

HOA Fee $742/mo

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Interest

Principal

Year 1

95% Interest

Year 15

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Year 30

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Property History

Property Timeline

🏠

Listed for Sale

Apr 1, 2026

$975,000

Original listing

Agent: Merry Fox Team Office: MerryFox Realty

Date	Event	Price	Change	$/sqft	Details
04/01/2026	🏠 Listed for Sale	$975,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Apr 1, 2026	New Listing Added	$975,000	—

Market Statistics

Time on Market

16 hours 12 minutes

Price per Sq Ft

$617

Tax History

Year	Taxes	Assessment
2025	$0	$0

Financial Details

Annual Property Tax

$0

Tax Year 2025

HOA Fee

$742

Monthly

Assessed Value

$0

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High Schools

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16 Franklin Street # 2201, Salem MA 01970

About this home

Property Overview

Open House Schedule

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Special Features

Location

Neighborhood

Walkability

Nearby Schools

Elementary Schools

Middle Schools

High Schools

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Listed for Sale

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