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$1,000,000
Condo Name: Riverwalk Condominiums
3 Beds 2 Baths
HOA
$746
SQFT
1506
16 Franklin Street
Salem, MA 01970
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Property Description

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

Amenities

  • Amenities: Golf Course, Highway Access, Medical Facility, Park, Public School, Public Transportation, Shopping, T-Station, Tennis Court
  • Association Fee Includes: Clubroom, Elevator, Exercise Room, Exterior Maintenance, Landscaping, Master Insurance, Refuse Removal, Reserve Funds, Sewer, Snow Removal, Water

Kitchen, Dining, and Appliances

  • Kitchen Level: First Floor
  • Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Dining Room Level: First Floor

Bathrooms

  • Full Baths: 2
  • Master Bath: 1
  • Bathroom 1 Level: First Floor
  • Bathroom 1 Features: Bathroom - Full
  • Bathroom 2 Level: First Floor
  • Bathroom 2 Features: Bathroom - Full

Bedrooms

  • Bedrooms: 3
  • Master Bedroom Level: First Floor
  • Bedroom 2 Level: First Floor
  • Bedroom 3 Level: First Floor

Other Rooms

  • Total Rooms: 6
  • Living Room Level: First Floor

Utilities

  • Heating: Central Heat, Electric, Heat Pump
  • Heat Zones: 4
  • Cooling: Heat Pump
  • Cooling Zones: 4
  • Electric Info: Circuit Breakers
  • Energy Features: Insulated Windows
  • Water: City/Town Water
  • Sewer: City/Town Sewer

Unit Features

  • Square Feet: 1506
  • Unit Building: 1503
  • Unit Level: 5
  • Interior Features: Elevator, Intercom
  • Security: Intercom, TV Monitor
  • Floors: 1
  • Pets Allowed: Yes
  • Laundry Features: In Unit
  • Accessability Features: Yes

Condo Complex Information

  • Condo Name: Riverwalk Condominiums
  • Condo Type: Condo
  • Complex Complete: No
  • Number of Units: 37
  • Elevator: Yes
  • Condo Association: U
  • HOA Fee: $746
  • Fee Interval: Monthly
  • Management: Professional - Off Site

Construction

  • Year Built: 2025
  • Style: Garden
  • Construction Type: Frame
  • Roof Material: Rubber
  • UFFI: No
  • Flooring Type: Tile, Wood
  • Lead Paint: None
  • Warranty: No

Garage & Parking

  • Garage Parking: Attached, Deeded, Garage Door Opener, Heated
  • Garage Spaces: 1
  • Parking Features: Deeded
  • Parking Spaces: 1

Exterior & Grounds

  • Exterior Features: Deck
  • Pool: No
  • Waterfront Features: Ocean, Sound
  • Distance to Beach: 0 to 1/10 Mile
  • Beach Ownership: Public
  • Beach Description: Ocean, Sound

Other Information

  • MLS ID# 73564692
  • Last Updated: 09/17/26
  • Documents on File: Association Financial Statements, Floor Plans, Master Deed, Rules & Regs, Unit Deed

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Map

Seller's Representative: Merry Fox Team, MerryFox Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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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.

MLS PIN data last updated at 2026-09-17 12:27:00

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