For Sale
16 Franklin St Unit 2302, Salem, MA
Salem · MA 01970
- $1,199,000
- Price
- 2
- Beds
- 2
- Baths
- 1455
- Sq. ft.
Overview
Property type:
Condominium
HOA: HOA: $724
- HOA Fees Include
- Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Recreational Facilities, Exercise Room, Clubroom, Refuse Removal, Reserve Funds, Management Fee
- Special Assessment
- No
Floor:
3rd floor
Accessibility:
Elevator
Pets:
Pet Friendly
Parking:
1 Garage Space · 1 Off Street Space
Heating & cooling:
Heat, Heat Pump, AC
Laundry:
In Unit Laundry
Outdoor space:
Common Outdoor
Views:
River · City Views
About this home
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.
Neighborhood & Transit
16 Franklin St, Salem · MA 01970
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Salem Commuter Rail 1 route 0.15 mi
- Newburyport/Rockport Line
Price Insight
- Days on Market:
- 31 days
- Listing Price:
- $1,199,000
- Price per Sq.Ft:
- $824
- Tax Assessment:
- $1,015,000 in 2026
- Taxes:
- $912 / Monthly
- HOA Fee:
- $724
Home Facts
Where is the Unit in the building?
- Unit Placement
- 3rd | Corner, Garden
- Facing Direction
- South
- Views
- Waterview, Waterfront, City Views
- Elevator
- Unknown
- Handicap Access
- Unknown
Interior Features
- Bedrooms
- 2
- Full Bathrooms
- 2
- Half Bathrooms
- 0
- Living Area
- 1,455 Sq.Ft
- Kitchen
- Floor 3, Open Floor Plan, Stainless Steel Appliances, Eat-in Kitchen, Kitchen Island, Stone Countertops, Flooring - Wood, Main Level, Recessed Lighting, Lighting - Pendant, Decorative Molding, Dishwasher, Range, Garbage Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
- Primary Bedroom
- Floor 3, Full Bathroom, Walk-in Closet, Flooring - Wood, Main Level, Recessed Lighting, Crown Molding, En-suite bathroom
- Laundry
- In Unit, Floor 3
- Living levels
- 1
- Rooms
- 6
- Above grade area
- 1455
- Flooring
- Wood, Tile
- Lead paint
- None
Utilities
- Heating Type
- Heat Pump, Unit Control
- Heating Zone
- 3
- Cooling
- Heat Pump, Unit Control
- Cooling Zones
- 3
- Water
- City/Town Water
- Sewer
- City/Town Sewer
- Electric Features
- 110 Volts, 220 Volts, Circuit Breakers
Exterior Features
- Outdoor Space
- Yes - Common
- Features
- Deck, Patio, City View(s), Professional Landscaping, Sprinkler System
Parking
- Garage Parking
- 1 Parking Space, Attached, Under, Deeded, Heated, Storage, Garage Door Opener
- Off Street Parking
- 1 Parking Space, Deeded, Paved Driveway, Exclusive Parking
Home Owner Association information
- Restrictions
- Unknown
- HOA
- $724
- HOA Includes
- Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Recreational Facilities, Exercise Room, Clubroom, Refuse Removal, Reserve Funds, Management Fee
- Special Assessment
- No
- Pets allowed
- Yes
- Security
- Intercom
Room details
- Living room level
- Third Floor
- Living room features
- Flooring - Wood, Main Level, Deck - Exterior, High Speed Internet Hookup, Open Floor Plan, Recessed Lighting, Slider, Lighting - Overhead, Decorative Molding
- Dining room level
- Third Floor
- Dining room features
- Flooring - Wood, Main Level, Open Floor Plan, Lighting - Overhead
- Bedroom 2 level
- Third Floor
- Bedroom 2 features
- Closet, Flooring - Wood, Main Level, Recessed Lighting, Crown Molding
- Bathroom 1 level
- Third Floor
- Bathroom 1 features
- Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Closet - Linen, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Main Level, Double Vanity, Recessed Lighting
- Bathroom 2 level
- Third Floor
- Bathroom 2 features
- Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Main Level, Recessed Lighting
Listing information
- Listing agent
- Mark Wade
- Listing office
- Coldwell Banker Realty - Marblehead
- MLS PIN #
- 73586241
- Disclosure
- Newer construction (2025). This unit is the 1st resale unit in condo complex. Office virtually staged. Club room & Gym images are renderings-under construction. All images ai enhanced. Condo fee is discounted @ $333.60 per month until a management Co is hired. Developer is current property manager.