16 Franklin Street, Salem, MA 01970
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$975,000
3 Beds
2 Baths
1579 SQFT
Acres: N/A
$742 HOA

Property Description

RIVERWALK presents a refined collection of luxury single-level boutique condominiums on the North Shore, designed for effortless, elevated living. Ideally located with easy access to the train to Boston and the acclaimed dining, shopping, and culture of downtown Salem, it offers the perfect balance of connection and retreat.This beautifully appointed three-bedroom, two-bath residence features single-level living with oversized windows, high ceilings, and water and skyline views. The chef’s kitchen includes Bosch appliances, custom cabinetry, and quartz countertops, opening to spacious living and dining areas with European hardwood floors.The primary suite includes a walk-in closet and spa-like bath with heated floors, double vanity, glass shower, and smart bidet. Development amenities include heated garage parking, elevator, Clubroom Lounge, fitness center, and riverside outdoor patio.

Property Details tap to expand

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

Bathrooms

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

Bedrooms

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

Other Rooms

  • Total Rooms: 6
  • Living Room Level: Second 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: 1579
  • Unit Building: 2201
  • Unit Level: 2
  • Unit Placement: Upper
  • Interior Features: Elevator, Intercom
  • Security: Intercom, TV Monitor
  • Floors: 1
  • Pets Allowed: Yes
  • Laundry Features: In Unit
  • Accessability Features: Yes

Condo Complex Information

  • Condo Type: Condo
  • Complex Complete: No
  • Number of Units: 37
  • Elevator: Yes
  • Condo Association: U
  • HOA Fee: $742
  • 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# 73494653
  • Last Updated: 04/01/26
  • Documents on File: Association Financial Statements, Floor Plans, Master Deed, Rules & Regs, Unit Deed

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/01/2026New$975,000$617MLSPIN
03/30/2026New$1,100,000$702MLSPIN
03/27/2026Sold$1,100,000$766MLSPIN
03/04/2026Under Agreement$1,100,000$766MLSPIN
03/02/2026Active$1,100,000$766MLSPIN
02/26/2026New$1,100,000$766MLSPIN
01/17/2026Active$1,225,000$819MLSPIN
01/17/2026Active$899,900$591MLSPIN
01/13/2026New$1,225,000$819MLSPIN
01/13/2026New$899,900$591MLSPIN

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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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MLS PIN data last updated at 2026-04-01 13:44:00

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