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16 Franklin Street # 2302, Salem MA 01970

Salem, MA 01970
$1,200,000
Est. $6,992/month
2
Beds
2
Baths
1,455
Sq Ft
$825
Price/Sq Ft
2025
Year Built
1
Garage Space
16
Days on Market
Active Open House Listed Jun 23, 2026 • MLS# 73540184 Copied! • Updated Jun 27, 2026

Open House Schedule

12
Jul
Sunday, July 12
11:30 AM - 1:00 PM EDT

About this home

Highly sought-after residence at RIVERWALK, Salem's premier waterfront condominium community. This exceptional new construction 2+ bedroom, 2-bath home offers sophisticated single-level living with stunning river and city skyline views. Thoughtfully designed with dual primary suites, home office, soaring ceilings, oversized windows, and a bright open-concept layout. The chef's kitchen features Bosch stainless steel appliances and induction range, custom cabinetry, quartz countertops and backsplash, opening to spacious living and dining areas with European oak flooring. Enjoy water views from your private balcony. Retreat to the luxurious primary suite with walk-in closet, heated bathroom floors, double vanity, seamless glass shower, and smart bidet. Resort-style amenities include heated garage parking, elevator access, Clubroom Lounge, fitness center, and riverside outdoor kitchen and patio. Ideally located just minutes from downtown Salem, dining, shopping, and commuter rail.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jun 23, 2026
$1,200,000
Original listing
Agent: Merry Fox Team Office: MerryFox Realty

Tax History

Year Taxes Assessment
2025 $0 $0

Financial Details

Annual Property Tax
$0
Tax Year 2025
HOA Fee
$724
Monthly
Assessed Value
$0

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Condominium
Year Built 2025
Living Area 1,455 sq ft
Bedrooms 2
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 Third Floor, In Unit
Features Home Office, Elevator

Exterior

Construction Frame
Architecture None
Roof Rubber
Features Deck
Pool None
Spa None
Fencing None
Patio/Porch Deck
Garage Spaces 1
Has Garage Yes
Features Attached, Garage Door Opener, Heated Garage, Off Street, Deeded
Total Spaces 2
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax 0.00
Assessed Value 0.00

HOA & Community

HOA Fee $724 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Elevator(s), Fitness Center, Clubroom
Optional Fee Includes None
Pets Yes
Seller Disclosures Ev Charger Ready. Decks Are Fire Suppression Protected.
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 2302
Sq Ft Source Unit Floor Plan
Documents Master Deed, Unit Deed, Rules & Regs, Floor Plans, Association Financial Statements (5)
County Essex
Total market time (incl. prior listings) 4 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2025
Bedrooms
2
Full Bathrooms
2
Living Area
1,455 sq ft
Total Rooms
6
Stories
1
Entry Level
3

Room Details

Third Floor

Bathroom1
Bathroom - Full
Dining Room
Kitchen
Bathroom2
Bathroom - Full
Bedroom2
Living Room
Master Bedroom
Office

Other Floor

Bedroom5
Bedroom4
Bedroom3
Bathroom3
Family Room
Master Bathroom
Yes

Interior Features

Flooring: Wood, Tile
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Home Office, Elevator
Windows: Insulated Windows
Basement: N
Laundry: Third 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: 3
Cooling: Heat Pump
Cooling Zones: 3
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: 2
Parking Features: Attached, Garage Door Opener, Heated Garage, Off Street, 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

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $0
Homeowners Insurance $200
HOA Fee $724/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

16 Franklin Street # 2302, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Merry Fox Team
Listing Office MerryFox Realty
Office Phone 978-808-8064
Agent MLS ID TEAM0226
Office MLS ID C95279
Listing Data Updated Jun 27, 2026 11:17 PM 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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