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Offered at $1,100,000Pending
beds
3
baths
2
sq ft
1,567
Built
2025

16 Franklin Street #2401

Salem, MA 01970

About this home

Experience single-level waterfront living at RIVERWALK, where sophisticated design, effortless convenience, and breathtaking views come together. Ideally located just minutes from the commuter rail to Boston and Salem’s celebrated restaurants, shops, waterfront, and historic downtown, this beautifully appointed three-bedroom, two-bath residence offers refined single-level living in a serene setting. An open, light-filled floor plan is enhanced by soaring ceilings, oversized windows, European oak hardwood floors, and sweeping river and city skyline views. The stunning chef’s kitchen features Bosch appliances, custom cabinetry, quartz countertops, and a seamless connection to the spacious living and dining areas. The private primary suite is a luxurious retreat with a walk-in closet and spa-inspired bath featuring radiant heated floors, dual vanity, glass-enclosed shower, and smart bidet. RIVERWALK residents enjoy exceptional amenities including heated indoor garage parking, elevator, Clubroom Lounge, state-of-the-art fitness center, and beautifully landscaped riverside outdoor kitchen and patio. A rare opportunity to enjoy turnkey luxury, spectacular views, and the best of Salem—all in one exceptional address.

Listing last checked: Listing updated:

Listed by Merry Fox Team · MerryFox Realty · MLS #73570035

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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
$783 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $1,100,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$5,562 / monthAdjust
Principal & interest
$5,562
Property tax
Not entered
Insurance
Not entered
HOA
Not entered

Annual property taxes were not supplied. Listing HOA fee: $783. 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.

Price and status timeline

  1. Ter

    $1,100,000 · May 11, 2026

More property insights

Automated value estimate $1,106,567

Estimated range $1,047,943–$1,165,192.

Automated estimates are not appraisals or guarantees of market value.

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Photo-based condition insights

Overall presentation: excellent

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About 16 Franklin Street #2401

Can I request a private showing?

Request a tour of 16 Franklin Street #2401 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.