Offered at $1,000,000Active

beds: 2
baths: 2
sq ft: 1,467
Built: 2025

16 Franklin Street #1302

Salem, MA 01970

About this home

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.

Listing last checked: October 13, 2026 at 12:28 PM EDTListing updated: September 21, 2026 at 3:05 AM EDT

Listed by Merry Fox Team · MerryFox Realty · MLS #73578980

Request property information

Select a document to start a request. You can add others in the form. Availability varies.

Details at a glance

Interior5 property facts

Rooms: 6
Heating: Central, Heat Pump, Electric
Cooling: Heat Pump
Flooring: Wood, Tile
Basement: No

Building5 property facts

Style: Condominium
Year built: 2025
Garage: 1
Parking: 1
Roof: Rubber

Land & utilities5 property facts

Water: Public
Sewer: Public Sewer
Waterfront: Y
Pool: Not reported
Zoning: NRCC

Financial2 property facts

Assessment year: 2025
HOA fee: $727 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $1,000,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$5,057 / monthAdjust

Down payment (%)Interest rate (%)Loan termMonthly property tax ($)Monthly insurance ($)Monthly HOA ($)

Principal & interest: $5,057
Property tax: Not entered
Insurance: Not entered
HOA: Not entered

Annual property taxes were not supplied. Listing HOA fee: $727. The billing period was not supplied; confirm the monthly amount before adding it.

Partial estimate: add property tax, insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

More property insights

Automated value estimate $1,019,222

Estimated range $977,489–$1,060,955.

Automated estimates are not appraisals or guarantees of market value.

Request a professional market analysis

Comparable properties 3 supplied

Sold Aug 15, 2026

$959,000

62 Foundry St #505

Sold Jun 22, 2026

$1,010,000

27 Shepard St #6

Sold Aug 1, 2026

$938,000

60 Newbury St #10

Photo-based condition insights

Overall presentation: excellent

Explore more of Salem

Continue your search in Salem.

Need help making sense of this home?

About 16 Franklin Street #1302

Can I request a private showing?

Request a tour of 16 Franklin Street #1302 and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.

Bean Group · eXp Realty

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.

Call Text team