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16 Franklin Street 01970, Salem

$1,199,000

For Sale

1455 SqFt

Size

2

Bedrooms

2

Bathrooms

73586241

Property Id

Property image 1
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Description

Available Again! A rare second chance to own one of RIVERWALK’s most coveted units (2302), originally among the first to sell in 2025 for its premier waterfront location and exceptional water views. This exceptional residence (Unit 2302) boasts the very best direct water views available at RIVERWALK. Situated closest to the waterfront, you'll enjoy superior vistas from every room, while a private balcony provides sweeping river and city views. The bright open-concept layout, soaring ceilings, wide-plank hardwood flooring and oversized south-facing windows are sure to impress the most discerning buyers. This newer-construction (2025) residence offers two primary suites, two full baths, and a separate home office. The chef’s kitchen features a beautiful center island clad in stone, Bosch stainless steel appliances, including a state-of-the-art induction range, custom cabinetry, stone countertops, and a matching stone backsplash. The primary suite features a walk-in closet and spa-like bath with heated floors, heated towel rack, double vanity, seamless glass shower, and smart bidet. Unit 2302 also comes with two deeded parking spaces, including one heated garage space, plus a private storage room—valuable upgrades purchased separately by the current owner. Elevator service adds convenience, while common amenities include a clubroom lounge and fitness center, both currently under construction, plus a riverside outdoor kitchen and patio area. Leave your car at home—downtown Salem’s restaurants, shops, museums, and commuter rail to Boston are all just minutes away. This is the first resale opportunity in the waterfront condominium community—and it's a great one! This must-see residence is available now and easy to show.

Address

Address16 Franklin Street 01970 Salem, MA
CountryUS
Property Type

Residential

Property Class

CondoProperty

Style

Condominium

Transaction Type

Sale

Year Built

2025

Total Rooms

6

Bedrooms

2

Bathrooms (Full)

2

Square Feet

1,455 sqft

Heating

Heat Pump, Unit Control

Cooling

Heat Pump, Unit Control

Flooring

Wood, Tile

Parking

2

Total Rooms

6

Bedrooms

2

Full Bathrooms

2

Flooring

Wood, Tile

Appliances

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

Heating

Heat Pump, Unit Control

Cooling

Heat Pump, Unit Control

Basement

N

List Price

$1,199,000

Original Price

$1,199,000

Price per Sqft

$824

Annual Property Taxes

$10,946.72

Tax Assessment Year

2026

Monthly Tax Estimate

$912

HOA Fee (Monthly)

$724

Total Monthly HOA

$724

MLS Pin© 2026 MLS Property Information Network, Inc. (MLSPIN). The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. This information was last updated on Tuesday, October 20, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Please contact Mark M. Wade directly for additional information pertaining to the status and availability of properties displayed on this website.