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Active Under Contract

16 Franklin Street #2401

Salem, MA 01970

$1,100,000
3Bedrooms
2Bathrooms
1,567Square feet
2025Year built

Residential · Active Under Contract · MLS #73570035
Listing Courtesy of MerryFox Realty | Merry Fox Team

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MLS PIN data

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.

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
783

Listing history

Price and status timeline

  1. Ter

    $1,100,000 · May 11, 2026

Property value estimate

An informed starting point

Estimated value$1,106,567

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

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Automated estimates are not appraisals or guarantees of market value.

Comparable sales

Recent properties for context

Sold Jul 6, 2026$1,000,000

16 Franklin Street #2201

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$1,100,000$569,90093% above local
Price / sq ft$702$44159% above local
Days on market33190% 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 #2401

Can I schedule a private showing?

Yes. 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.