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.

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