$1,199,000
16 Franklin Street # 2302
Salem, MA, 01970
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.
Property Details
Price:
$1,199,000
MLS #:
73586241
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Condominium
Listed Date:
Oct 3, 2026
Finished Sq Ft:
1,455
Total Sq Ft:
1,455
Year Built:
2025
Schools
Interior
Above Grade Finished Area
1455
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Bathrooms
2 Full Bathrooms
Cooling
Heat Pump, Unit Control
Flooring
Wood, Tile
Heating
Heat Pump, Unit Control
Interior Features
Lighting – Overhead, Crown Molding, Decorative Molding, Home Office, Foyer, Internet Available – Broadband
Laundry Features
Third Floor, In Unit
Main Level Bathrooms
2
Main Level Bedrooms
2
Exterior
Association Amenities
Elevator(s), Recreation Facilities, Fitness Center, Clubroom
Attached Garage YN
1
Common Walls
Corner
Community Features
Public Transportation, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Marina, University
Construction Materials
Frame, Stone
Covered Spaces
1
Exterior Features
Deck, Patio, City View(s), Professional Landscaping, Sprinkler System
Garage Spaces
1
Open Parking Spaces
1
Open Parking YN
1
Parking Features
Attached, Under, Garage Door Opener, Heated Garage, Storage, Deeded, Paved, Exclusive Parking
Parking Spots
2
Parking Total
2
Patio And Porch Features
Deck, Patio
Roof
Rubber
Security Features
Intercom
Stories
1
View
City
Waterfront Features
Waterfront, River, Harbor, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Window Features
Insulated Windows
Financial
HOA Fee
$724
HOA Includes
Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Tax Year
2026
Taxes
$10,947
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 # 2302 Salem MA
- CitySalem
- CountyEssex
- Zip Code01970
Subdivisions in Salem
Similar Listings Nearby
Property Summary
- 16 Franklin Street # 2302 Salem MA is a Condo for sale in Salem, MA, 01970. It is listed for $1,199,000 and features 2 beds, 2 baths, and has approximately 1,455 square feet of living space, and was originally constructed in 2025. The current price per square foot is $824. The average price per square foot for Condo listings in Salem is $440. The average listing price for Condo in Salem is $577,450. To schedule a showing of MLS#73586241 at 16 Franklin Street # 2302 in Salem, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Coldwell Banker Realty – Lynnfield. 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 # 2302
Salem, MA