$1,200,000

16 Franklin St Unit 2302 Salem, MA 01970

North Salem Neighborhood

Estimated payment $8,520/month

Total Views 8,012
2 Beds
2 Baths
1,455 Sq Ft
$825 Price per Sq Ft

Highlights

  • Ocean View
  • Medical Services
  • Waterfront
  • Fitness Center
  • Property is near a beach
  • Clubhouse

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.

Listing Agent

Merry Fox Team

MerryFox Realty Listed on: 06/23/2026

Co-Listing Agent

Dan Fox

MerryFox Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2025

HOA Fees

  • $724 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Off-Street Parking
  • Deeded Parking

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Garden Home
  • Entry on the 3rd floor
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 1,455 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Home Office

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on third floor
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Intercom
  • Door Monitored By TV

Outdoor Features

  • Property is near a beach
  • Deck

Utilities

  • Cooling Available
  • 3 Cooling Zones
  • Central Heating
  • 3 Heating Zones
  • Heat Pump System

Additional Features

  • Level Entry For Accessibility
  • Waterfront
  • Property is near golf course, public transit, and schools

Listing and Financial Details

  • Assessor Parcel Number 2132543

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
  • 37 Units

Amenities

  • Medical Services
  • Shops
  • Clubhouse
  • Elevator

Recreation

  • Tennis Courts
  • Fitness Center
  • Park

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 2025

Lot Details

0 Sq Ft Lot

HOA Fees

$724 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 2025
  • Entry Level: 3
  • Year Built Details: Actual
  • Year Round: Yes
  • MLSPIN_BEACHFRONT_FLAG: Yes
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Flooring: Wood, Tile
  • Interior Amenities: Home Office, Elevator
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Third
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Level: Third
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full
  • Bathroom 1 Level: Third
  • Bathroom 2 Level: Third
  • Bathroom 2 Features: Bathroom - Full
  • Room Dining Room Level: Third
  • Room Kitchen Level: Third
  • Laundry Features: Third Floor, In Unit
  • Room Living Room Level: Third
  • Room Office Level: Third
  • Basement: N
  • Above Grade Finished Sq Ft: 1455
  • Accessibility Features: Accessible Entrance
  • Living Area: 1455
  • Other Equipment: Intercom
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: C95279
  • Insulation: Full, Styrofoam

Exterior Features

  • Exterior Features: Deck
  • Common Walls: Corner
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Roof: Rubber
  • Waterfront Features: Waterfront, Ocean, Sound, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes
  • Waterview Flag: Yes

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking Spaces: 1
  • Parking Features: Attached, Garage Door Opener, Heated Garage, Off Street, Deeded
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Heat Pump
  • Heating: Central, Heat Pump, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom, TV Monitor
  • Water Source: Public
  • HEAT ZONES: 3
  • COOLING ZONES: 3

Condo/Co-op/Association

  • Association Amenities: Elevator(s), Fitness Center, Clubroom
  • Association Fee: 724
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Golf, Medical Facility, Highway Access, Public School, T-Station
  • Senior Community YN: No
  • MANAGEMENT: Professional - Off Site

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: 2132543
  • Zoning: NRCC
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Private

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2025

Multi Family

  • Number Of Units Total: 37
  • Basement Included Sq Ft: No
  • Waterview: Ocean, Sound

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/23/2026 06/23/26 For Sale $1,200,000 -- $825 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73540184

MLS Property Information Network (MLS PIN)
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