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Active

16 Franklin Street #1402

Salem, MA 01970

$1,050,000
2Bedrooms
2Bathrooms
1,450Square feet
2025Year built

Residential · Active · MLS #73564691
Listing Courtesy of MerryFox Realty | Merry Fox Team

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MLS PIN data

About this home

Experience luxury living at RIVERWALK in this newly constructed 2+ bedroom, 2-bath residence showcasing sweeping city skyline views. The thoughtfully designed floor plan features dual primary suites, a dedicated home office, soaring ceilings, oversized windows, and exceptional finishes. The designer kitchen offers Bosch stainless steel appliances, custom cabinetry, quartz surfaces, and an open flow to spacious living and dining areas with European Oak hardwood floors. The primary suite features a walk-in closet and spa-inspired bath with heated floors, double vanity, smart bidet, and oversized tiled shower. Residents enjoy heated garage parking, fitness center, Clubroom Lounge, and riverside outdoor gathering spaces. Ideally located near Salem’s dining, shopping, culture, and transportation, RIVERWALK offers sophisticated North Shore living at its finest.

Property information

Details at a glance

Interior

Rooms
6
Heating
Central, Heat Pump, Electric
Cooling
Heat Pump
Flooring
Wood, Tile

Building

Style
Condominium
Year built
2025
Garage
1
Parking
1
Roof
Rubber

Land & utilities

Water
Public
Sewer
Public Sewer
Waterfront
Y
Zoning
NRCC

Financial

Assessment year
2025
HOA fee
723.87

Listing history

Price and status timeline

No additional public listing history was supplied for this property.

Property value estimate

An informed starting point

Estimated value$1,047,985

Estimated range $989,121$1,106,848

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Automated estimates are not appraisals or guarantees of market value.

Comparable sales

Recent properties for context

Sold Aug 15, 2026$959,000

62 Foundry St #505

Sold Jun 17, 2026$1,090,000

62-64 Elm St #1

Sold Jun 20, 2026$1,065,000

48 Gold St #102

Photo insights

Condition signals

Overall presentationexcellent

Generated from listing photography; not a substitute for an inspection.

Local market context

How this home compares in Salem

MetricThis propertySalem
List price$1,050,000$569,90084% above local
Price / sq ft$724$44164% above local
Days on market173145% below local
Explore homes in Salem

Active city listing statistics from MLS PIN as of September 6, 2026. Asking prices are not completed-sale values.

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Common questions

About 16 Franklin Street #1402

Can I schedule a private showing?

Yes. Request a tour of 16 Franklin Street #1402 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.