$1,200,000
16 Franklin Street # 1201
Salem, MA, 01970
Experience refined, single-level living at RIVERWALK—luxury boutique condominiums ideally located just moments from shops & dining in historic downtown Salem and the train to Boston. Residents enjoy premium amenities including indoor heated garage parking, elevator access, Clubroom Lounge, state-of-the-art fitness center, & riverside outdoor kitchen and patio. This spacious new construction three-bedroom, two-bath residence features high ceilings, oversized windows, and a thoughtfully designed open layout with views of the water. The chef’s kitchen is appointed with stainless steel Bosch appliances, custom cabinetry, and quartz countertops with full-height backsplash, seamlessly flowing into the expansive living and dining areas with European oak hardwood flooring throughout. The primary suite offers a spa-inspired bath complete with double vanity, heated floors, seamless glass shower, smart bidet and walk-in closet. A private balcony provides the perfect space to gaze at the water.
Property Details
Price:
$1,200,000
MLS #:
73512752
Status:
Active
Beds:
3
Baths:
2
Type:
Condo
Subtype:
Condominium
Listed Date:
May 5, 2026
Finished Sq Ft:
1,574
Total Sq Ft:
1,574
Year Built:
2026
Schools
Interior
Above Grade Finished Area
1574
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Bathrooms
2 Full Bathrooms
Cooling
Heat Pump
Flooring
Wood, Tile
Heating
Central, Heat Pump, Electric
Interior Features
Elevator
Laundry Features
Second Floor, In Unit
Exterior
Accessibility Features
Accessible Entrance
Association Amenities
Elevator(s), Fitness Center, Clubroom
Attached Garage YN
1
Common Walls
Corner
Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Golf, Medical Facility, Highway Access, Public School, T-Station
Construction Materials
Frame
Covered Spaces
1
Exterior Features
Deck
Garage Spaces
1
Parking Features
Attached, Garage Door Opener, Heated Garage, Deeded
Parking Spots
1
Parking Total
1
Patio And Porch Features
Deck
Roof
Rubber
Security Features
Intercom, TV Monitor
Stories
1
Waterfront Features
Waterfront, Ocean, Sound, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Window Features
Insulated Windows
Financial
HOA Fee
$742
HOA Fee Frequency
Monthly
HOA Includes
Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Tax Year
2025
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Community
- Address16 Franklin Street # 1201 Salem MA
- CitySalem
- CountyEssex
- Zip Code01970
Subdivisions in Salem
Similar Listings Nearby
Property Summary
- 16 Franklin Street # 1201 Salem MA is a Condo for sale in Salem, MA, 01970. It is listed for $1,200,000 and features 3 beds, 2 baths, and has approximately 1,574 square feet of living space, and was originally constructed in 2026. The current price per square foot is $762. The average price per square foot for Condo listings in Salem is $455. The average listing price for Condo in Salem is $537,820. To schedule a showing of MLS#73512752 at 16 Franklin Street # 1201 in Salem, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of MerryFox Realty. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
16 Franklin Street # 1201
Salem, MA










































