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$1,199,000
Condo Name: Riverwalk
2 Beds 2 Baths
HOA
$724
SQFT
1455
16 Franklin Street
Salem, MA 01970
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Property Description

First OPEN HOUSE this Sunday, 11:30-1:30. This exceptional residence (Unit 2302) just became available, offering the very best direct water views on the market at RIVERWALK. Situated closest to the waterfront, Unit 2302 offers superior views from every room, while a private balcony captures sweeping river and city vistas. The bright open-concept layout, soaring ceilings, and south-facing oversized 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 a must-see residence at Salem’s premier waterfront condominium community. Easy to show!

Property Details

Amenities

  • Amenities: Bike Path, Golf Course, Marina, Medical Facility, Park, Public Transportation, Tennis Court, University, Walk/Jog Trails
  • Association Fee Includes: Clubroom, Elevator, Exercise Room, Exterior Maintenance, Landscaping, Master Insurance, Recreational Facilities, Refuse Removal, Reserve Funds, Sewer, Snow Removal, Water

Kitchen, Dining, and Appliances

  • Countertops - Stone/Granite/Solid, Decorative Molding, Dining Area, Flooring - Wood, Kitchen Island, Lighting - Pendant, Open Floor Plan, Recessed Lighting, Stainless Steel Appliances
  • Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
  • Dining Room Features: Flooring - Wood, Lighting - Overhead, Open Floor Plan

Bathrooms

  • Full Baths: 2
  • Master Bath: 1
  • Bathroom 1 Features: Bathroom - Double Vanity/Sink, Bathroom - Full, Bathroom - Tiled With Shower Stall, Closet - Linen, Closet/Cabinets - Custom Built, Countertops - Stone/Granite/Solid, Double Vanity, Flooring - Stone/Ceramic Tile, Recessed Lighting
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Recessed Lighting

Bedrooms

  • Bedrooms: 2
  • Master Bedroom Features: Bathroom - Full, Closet - Walk-in, Crown Molding, Flooring - Wood, Recessed Lighting
  • Master Bedroom Features: Closet, Crown Molding, Flooring - Wood, Recessed Lighting

Other Rooms

  • Total Rooms: 6
  • Living Room Features: Deck - Exterior, Decorative Molding, Flooring - Wood, High Speed Internet Hookup, Lighting - Overhead, Open Floor Plan, Recessed Lighting, Slider

Utilities

  • Heating: Heat Pump, Unit Control
  • Heat Zones: 3
  • Cooling: Heat Pump, Unit Control
  • Cooling Zones: 3
  • Electric Info: 110 Volts, 220 Volts, Circuit Breakers
  • Energy Features: Insulated Doors, Insulated Windows
  • Water: City/Town Water
  • Sewer: City/Town Sewer

Unit Features

  • Square Feet: 1455
  • Unit Building: 2302
  • Unit Level: 3
  • Unit Placement: Garden
  • Interior Features: Internet Available - Broadband
  • Security: Intercom
  • Floors: 1
  • Pets Allowed: Yes
  • Laundry Features: In Unit
  • Accessability Features: Unknown

Condo Complex Information

  • Condo Name: Riverwalk
  • Condo Type: Condo
  • Complex Complete: U
  • Number of Units: 37
  • Elevator: Yes
  • Condo Association: U
  • HOA Fee: $724

Construction

  • Year Built: 2025
  • Style: Garden, Mid-Rise
  • Construction Type: Frame, Stone/Concrete
  • Roof Material: Rubber
  • UFFI: No
  • Flooring Type: Tile, Wood
  • Lead Paint: None
  • Warranty: No

Garage & Parking

  • Garage Parking: Attached, Deeded, Garage Door Opener, Heated, Storage, Under
  • Garage Spaces: 1
  • Parking Features: Deeded, Exclusive Parking, Paved Driveway
  • Parking Spaces: 2

Exterior & Grounds

  • Exterior Features: City View(s), Deck, Patio, Professional Landscaping, Sprinkler System
  • Pool: No
  • Waterfront Features: Harbor, River
  • Distance to Beach: 1/2 to 1 Mile
  • Beach Ownership: Public
  • Beach Description: Harbor, River

Other Information

  • MLS ID# 73586241
  • Last Updated: 10/09/26
  • Documents on File: Floor Plans, Master Deed, Unit Deed

Mortgage Calculator

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Map

Seller's Representative: Mark M. Wade, Coldwell Banker Realty - Marblehead
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 2026-10-09 07:02:00