Riverwalk 16 Franklin Street, Salem, MA 01970
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$1,000,000
2 Beds
2 Baths
1467 SQFT
Acres: N/A
$727 HOA

Property Description

Experience elevated living at RIVERWALK, ideally located near the heart of downtown Salem and the MBTA commuter rail to Boston. Enjoy the convenience of being close to Salem’s renowned restaurants, boutique shopping, historic sites, waterfront, Salem Harbor, cultural attractions, and transportation—while coming home to sophisticated new construction with sweeping river and city skyline views. For Boston commuters, the nearby commuter rail makes getting into the city convenient, while downtown Salem is close enough to enjoy the best of the North Shore without sacrificing luxury or tranquility.This beautifully designed 2+ bedroom, 2-bath residence offers an exceptional floor plan with dual primary suites, a dedicated home office, soaring ceilings, oversized windows, and high-end finishes throughout. The open-concept living and dining areas are filled with natural light and feature elegant European oak hardwood floors. The designer kitchen is equipped with Bosch stainless steel appliances, custom cabinetry, and quartz countertops, creating a stylish and functional space for everyday living and entertaining.The spacious primary suite provides a private retreat with a walk-in closet and spa-inspired bath featuring radiant heated floors, double vanity, oversized tiled shower, and smart bidet. A second primary suite offers flexibility for guests, family, or additional living space, while the dedicated home office is ideal for today’s work-from-home lifestyle.RIVERWALK residents enjoy an impressive array of amenities including heated indoor garage parking, elevator access, fitness center, Clubroom Lounge, and beautifully landscaped riverside outdoor gathering spaces.With the Salem MBTA commuter rail, downtown Salem, restaurants, shopping, waterfront, Salem Harbor, and historic attractions all nearby, RIVERWALK offers a rare combination of luxury, convenience, and location. Enjoy sophisticated single-level living with Boston just a train ride away and everything Salem has to offer right outside your door.

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

Bathrooms

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

Bedrooms

  • Bedrooms: 2
  • Master Bedroom Level: Third Floor
  • Bedroom 2 Level: Third Floor

Other Rooms

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

Utilities

  • Heating: Central Heat, Electric, Heat Pump
  • Heat Zones: 3
  • Cooling: Heat Pump
  • Cooling Zones: 3
  • Electric Info: Circuit Breakers
  • Energy Features: Insulated Windows
  • Water: City/Town Water
  • Sewer: City/Town Sewer

Unit Features

  • Square Feet: 1467
  • Unit Building: 1302
  • Unit Level: 3
  • 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
  • Condo Type: Condo
  • Complex Complete: No
  • Number of Units: 37
  • Elevator: Yes
  • Condo Association: U
  • HOA Fee: $727
  • 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: Balcony
  • 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# 73578980
  • Last Updated: 09/21/26
  • 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
09/17/2026New$1,000,000$682MLSPIN
09/17/2026Under Agreement$1,100,000$702MLSPIN
09/15/2026Contingent$1,050,000$724MLSPIN
09/15/2026Contingent$1,100,000$744MLSPIN
09/15/2026Active$1,100,000$744MLSPIN
09/11/2026New$1,100,000$744MLSPIN
09/03/2026Contingent$1,100,000$702MLSPIN
08/31/2026New$1,100,000$702MLSPIN
08/24/2026Canceled$1,200,000$825MLSPIN
08/21/2026Active$1,000,000$664MLSPIN
08/21/2026Active$1,050,000$724MLSPIN
08/17/2026New$1,000,000$664MLSPIN
08/17/2026New$1,050,000$724MLSPIN
08/17/2026Canceled$1,100,000$744MLSPIN
08/17/2026Canceled$1,100,000$758MLSPIN
08/17/2026Canceled$1,100,000$702MLSPIN
08/17/2026Canceled$899,900$591MLSPIN
07/24/2026Sold$1,000,000$633MLSPIN
07/06/2026Under Agreement$1,000,000$633MLSPIN
07/05/2026Active$1,000,000$633MLSPIN
07/02/2026Sold$1,187,500$794MLSPIN
07/01/2026New$1,000,000$633MLSPIN
06/30/2026Sold$1,127,500$736MLSPIN
06/27/2026Active$1,200,000$825MLSPIN
06/27/2026Active$1,200,000$765MLSPIN
06/23/2026New$1,200,000$765MLSPIN
06/23/2026New$1,200,000$825MLSPIN
06/15/2026Sold$1,150,000$734MLSPIN
06/15/2026Sold$1,150,000$731MLSPIN
06/07/2026Active$1,100,000$758MLSPIN
06/07/2026Active$1,100,000$744MLSPIN
06/03/2026New$1,100,000$758MLSPIN
06/03/2026New$1,100,000$744MLSPIN
06/02/2026Sold$1,250,000$794MLSPIN
06/01/2026Sold$1,200,000$762MLSPIN
06/01/2026Sold$1,250,000$786MLSPIN
05/18/2026Under Agreement$1,150,000$751MLSPIN
05/18/2026Active$899,900$591MLSPIN
05/15/2026Active$1,150,000$751MLSPIN
05/15/2026Active$1,100,000$702MLSPIN
05/14/2026Under Agreement$1,250,000$794MLSPIN
05/14/2026Under Agreement$1,250,000$786MLSPIN
05/14/2026Back on Market$899,900$591MLSPIN
05/13/2026New$1,250,000$794MLSPIN
05/13/2026New$1,250,000$786MLSPIN
05/13/2026Under Agreement$1,250,000$794MLSPIN
05/12/2026New$1,250,000$794MLSPIN
05/11/2026New$1,100,000$702MLSPIN
05/11/2026New$1,150,000$751MLSPIN
05/11/2026Under Agreement$1,200,000$762MLSPIN
05/09/2026Active$1,200,000$762MLSPIN
05/05/2026New$1,200,000$762MLSPIN
05/05/2026Canceled$975,000$617MLSPIN
05/05/2026Under Agreement$1,100,000$702MLSPIN
04/25/2026Under Agreement$1,225,000$819MLSPIN
04/05/2026Active$975,000$617MLSPIN
04/03/2026Active$1,100,000$702MLSPIN
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 2026-09-21 03:05:00