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Real Estate
No photos available for this listing

$1,200,000

16 Franklin Street # 2302, Salem MA 01970
Salem, MA 01970
Listed by Merry Fox Team
Bedrooms
2
Bathrooms
2
Living area
1,455 sqft
Year built
2025

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.

Highlights

Waterfront

Property details

MLS #
73540184
Property type
Condominium
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
June 23, 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
$7,377/mo
$240,000 down
$960,000 loan
Principal & interest$6,227
Property tax (est.)$1,000
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 28, 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.