16 Franklin Street # 1503 Salem MA 01970 | MLS #73564692

16 Franklin Street # 1503
Salem, MA, 01970
$1,000,000
3 Beds
2 Baths
1,506 SqFt
0 Acres
$1,000,000
16 Franklin Street # 1503
Salem, MA, 01970
MLS #73564692 image #0
Experience penthouse living at RIVERWALK SALEM, where sophisticated design meets effortless North Shore living. This spacious new three-bedroom, two-bath penthouse offers exceptional privacy, oversized windows, soaring ceilings, a private balcony, and a signature designer aesthetic. The Chef’s kitchen features Bosch stainless steel appliances, custom cabinetry, quartz countertops and backsplash, and opens to expansive living and dining spaces with European hardwood floors throughout. The luxurious primary suite offers a walk-in closet and spa-inspired bath with heated floors, double vanity, smart bidet, and seamless tiled shower. RIVERWALK amenities include indoor heated parking, elevator, state-of-the-art fitness center, Clubroom Lounge, and Riverside Outdoor Kitchen/Patio. Just moments from historic downtown Salem, dining, shopping, culture, and the commuter rail to Boston.

Property Details

Price:
$1,000,000
MLS #:
73564692
Status:
Active
Beds:
3
Baths:
2
Type:
Condo
Subtype:
Condominium
Listed Date:
Aug 17, 2026
Finished Sq Ft:
1,506
Total Sq Ft:
1,506
Year Built:
2025
WaterfrontTennisParking TotalNewconstructionRiverwalk CondominiumsPets Allowed

Schools

Interior

Above Grade Finished Area
1506
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
First 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
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

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

Current real estate data for Condo in Salem as of Sep 17, 2026
98
Condo Listed
72
Avg DOM
442
Avg $ / SqFt
$555,270
Avg List Price

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Property Summary

    16 Franklin Street # 1503 Salem MA is a Condo for sale in Salem, MA, 01970. It is listed for $1,000,000 and features 3 beds, 2 baths, and has approximately 1,506 square feet of living space, and was originally constructed in 2025. The current price per square foot is $664. The average price per square foot for Condo listings in Salem is $442. The average listing price for Condo in Salem is $555,270. To schedule a showing of MLS#73564692 at 16 Franklin Street # 1503 in Salem, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
16 Franklin Street # 1503
Salem, MA