For sale

$1,200,000

16 Franklin St #2302, Salem, MA 01970

2beds

1,455sqft

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Condominium

Built in 2025

-- sqft lot

$-- Zestimate^®

$825/sqft

$724/mo HOA

What's special

Seamless glass showerHome officeBright open-concept layoutHeated bathroom floorsDual primary suitesLuxurious primary suiteInduction range

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.

23 days

405

8

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: Third

Bedroom 2

Level: Third

Primary bathroom

Features: Yes

Bathroom 1

Features: Bathroom - Full
Level: Third

Bathroom 2

Features: Bathroom - Full
Level: Third

Dining room

Level: Third

Kitchen

Level: Third

Living room

Level: Third

Office

Level: Third

Heating

Central, Heat Pump, Electric

Cooling

Heat Pump

Appliances

Included: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Laundry: Third Floor, In Unit

Features

Home Office, Elevator
Flooring: Wood, Tile
Windows: Insulated Windows
Has basement: No
Has fireplace: No
Common walls with other units/homes: Corner

Interior area

Total structure area: 1,455
Total interior livable area: 1,455 sqft
Finished area above ground: 1,455

Property

Parking

Total spaces: 2
Parking features: Attached, Garage Door Opener, Heated Garage, Off Street, Deeded
Attached garage spaces: 1
Uncovered spaces: 1

Accessibility

Accessibility features: Accessible Entrance

Features

Patio & porch: Deck
Exterior features: Deck
Has view: Yes
View description: Water, Ocean, Sound
Has water view: Yes
Water view: Ocean,Sound,Water
Waterfront features: Waterfront, Ocean, Sound, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)

Details

Parcel number: 2132543
Zoning: NRCC
Other equipment: Intercom

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Frame
Roof: Rubber

Condition

Year built: 2025

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Public Transportation, Shopping, Tennis Court(s), Park, Golf, Medical Facility, Highway Access, Public School, T-Station
Security: Intercom, TV Monitor

HOA

Amenities included: Elevator(s), Fitness Center, Clubroom
Services included: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
HOA fee: $724 monthly

Location

Region: Salem

Financial & listing details

Price per square foot: $825/sqft
Date on market: 6/24/2026

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/23/2026	Listed for sale	$1,200,000$825/sqft
Source: MLS PIN #73540184 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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