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Real Estate
No photos available for this listing

$1,100,000

16 Franklin Street # 2401, Salem MA 01970
Salem, MA 01970
Listed by Merry Fox Team
Bedrooms
3
Bathrooms
2
Living area
1,567 sqft
Year built
2025

About this home

RIVERWALK offers sophisticated single-level living in an unbeatable location. Just minutes from the train to Boston and the renowned restaurants, shops, and historic downtown Salem, this residence combines urban accessibility with a peaceful setting. This thoughtfully designed three-bedroom, two-bath condo showcases an open-concept layout enhanced by soaring ceilings, expansive windows, and captivating river and city skyline views. The designer kitchen features Bosch appliances, sleek custom cabinetry, and quartz surfaces, flowing seamlessly into generous living and dining spaces finished with European hardwood flooring. The private primary suite serves as a true retreat, complete with a walk-in closet and a luxurious spa bath featuring radiant heated floors, dual vanities, a glass-enclosed shower, and a smart bidet. Residents enjoy premium building amenities including heated indoor parking, elevator access, Clubroom, fully equipped fitness center, and a landscaped riverside patio.

Highlights

Waterfront

Property details

MLS #
73516111
Property type
Condominium
Subdivision
N/A
Status
Active
Days on market
101
On market date
May 11, 2026
Stories
1
Garage spaces
1
Lot size
N/A

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Carlton
0.53 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
236
Student:teacher ratio
10.7:1
District
Salem
Middle
Collins Middle
0.9 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
633
Student:teacher ratio
11.1:1
District
Salem
High
Salem Prep High School
0.36 mi away · Grades 8-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
17
Student:teacher ratio
4.3:1
District
Salem

Mortgage calculator

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Est. monthly payment
$6,774/mo
$220,000 down
$880,000 loan
Principal & interest$5,708
Property tax (est.)$917
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated July 1, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.