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Real Estate
No photos available for this listing

$1,050,000

16 Franklin Street # 1402, Salem MA 01970
Salem, MA 01970
Listed by Merry Fox Team
Bedrooms
2
Bathrooms
2
Living area
1,450 sqft
Year built
2025

About this home

Experience luxury living at RIVERWALK in this newly constructed 2+ bedroom, 2-bath residence showcasing sweeping city skyline views. The thoughtfully designed floor plan features dual primary suites, a dedicated home office, soaring ceilings, oversized windows, and exceptional finishes. The designer kitchen offers Bosch stainless steel appliances, custom cabinetry, quartz surfaces, and an open flow to spacious living and dining areas with European Oak hardwood floors. The primary suite features a walk-in closet and spa-inspired bath with heated floors, double vanity, smart bidet, and oversized tiled shower. Residents enjoy heated garage parking, fitness center, Clubroom Lounge, and riverside outdoor gathering spaces. Ideally located near Salem’s dining, shopping, culture, and transportation, RIVERWALK offers sophisticated North Shore living at its finest.

Highlights

Waterfront

Property details

MLS #
73564691
Property type
Condominium
Subdivision
N/A
Status
Active
Days on market
3
On market date
August 17, 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
$6,473/mo
$210,000 down
$840,000 loan
Principal & interest$5,448
Property tax (est.)$875
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 3 days ago.

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.