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Real Estate
No photos available for this listing

$1,100,000

16 Franklin Street # 2203, Salem MA 01970
Salem, MA 01970
Listed by Merry Fox Team
Bedrooms
3
Bathrooms
2
Living area
1,479 sqft
Year built
2025

About this home

Elevated waterfront living meets effortless convenience in this newly constructed 3-bedroom, 2-bath condominium on the North Shore. Thoughtfully designed with soaring ceilings, expansive windows, and premium finishes throughout, this residence offers a bright, open layout ideal for both everyday living and entertaining. The designer kitchen features Bosch stainless steel appliances, custom cabinetry, quartz countertops and backsplash, and flows seamlessly into the spacious living and dining areas accented by European oak flooring. Retreat to the tranquil primary suite with water views, walk-in closet, heated bath floors, double vanity, smart bidet, and oversized tiled shower. Enjoy a private balcony plus exceptional amenities including heated garage parking, elevator access, fitness center, Clubroom Lounge, and outdoor kitchen with riverside patio. Moments from downtown Salem’s acclaimed dining, shopping, waterfront attractions, and direct rail service to Boston.

Highlights

Waterfront

Property details

MLS #
73529255
Property type
Condominium
Subdivision
N/A
Status
Active
Days on market
78
On market date
June 3, 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 June 7, 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.