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16 Franklin Street 2203Salem, MA 01970

For Sale

$1,100,000

Smart Buyer Rebate $5,500

Luxury living with an effortless commute to Boston. This newly constructed 3-bedroom, 2-bath condominium offers sophisticated waterfront living in one of the North Shore’s most desirable locations. Designed for those who appreciate quality, comfort, and convenience, this residence features soaring ceilings, expansive windows, European oak flooring, and premium finishes throughout.The stunning chef’s kitchen showcases Bosch stainless steel appliances, custom cabinetry, quartz countertops and backsplash, opening seamlessly to the spacious living and dining areas—an inviting setting for both everyday living and entertaining. The serene primary suite offers water views, a generous walk-in closet, and a spa-inspired bath complete with heated floors, double vanity, oversized tiled shower, and smart bidet.Step outside to your private balcony and enjoy the beauty of the waterfront, or take advantage of exceptional building amenities including heated garage parking, elevator access, a state-of-the-art fitness center, Clubroom Lounge, and Riverside Outdoor Kitchen & Patio.Perfectly positioned just moments from downtown Salem’s acclaimed restaurants, shops, waterfront attractions, and vibrant cultural scene, with direct commuter rail service to Boston, this is luxury living without the hassle of a long commute. Come home to a residence where elevated design, waterfront surroundings, and city convenience come together beautifully.

Last updated September 11, 2026

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Source: MLSPin #73575829

Listing Facts

  • TypeCondo
  • NeighborhoodNorth Salem
  • Bedrooms3
  • Bathrooms2
  • Days on Prevu4
  • HOA/Maint. Fees$745/month
  • Size1,479 sqft
  • Price per sqft$744

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Pets Allowed
  • Elevator
  • Parking
  • Fitness Center

Location

Mortgage Calculator

Listing History

09/11/2026
Listed by
$1,100,000
  1. 09/11/2026$1,100,000
    Listed by

Property Details for 16 Franklin Street 2203

Association

Amenities

  • Association Amenities: Elevator(s), Fitness Center, Clubhouse
  • Community Features: Tennis Court(s), Park, Golf
  • Pets Allowed: Yes

Fees

  • Association Fee: $745.00 Monthly
  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash

Exterior

Construction

  • Number Of Units Total: 37
  • Roof: Rubber
  • Stories: 1
  • Stories Total: 1
  • Window Features: Insulated Windows
  • Year Built: 2025
  • Year Built Details: Actual
  • Construction Materials: Frame
  • Entry Level: 2

Features

  • Patio And Porch Features: Deck
  • View: Ocean, Water
  • Waterfront Features: Ocean Front, Waterfront
  • Waterfront: Yes

Measurements

  • Building Area Total: 1,479
  • Building Area Units: Square Feet
  • Lot Features: Waterfront
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: 2132543
  • Tax Year: 2025

Interior

Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Flooring: Wood, Tile
  • Interior Features: Elevator

Measurements

  • Living Area: 1,479

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • Rooms Total: 6

Other

Features

  • Accessibility Features: Accessible Entrance

Parking

Parking

  • Attached Garage: Yes
  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: Attached, Garage Door Opener, Heated Garage, Deeded, Garage
  • Parking Total: 1

Utilities

Equipment

  • Cooling: Heat Pump, Zoned
  • Has Cooling: Yes
  • Electric: Circuit Breakers
  • Heating: Heat Pump, Central, Electric, Zoned
  • Has Heating: Yes
  • Laundry Features: In Unit
  • Other Equipment: Intercom
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 3 bedrooms and 2 bathrooms in this condo at 16 Franklin Street 2203.

Does this condo have parking?

Yes, there is 1 parking space available for 16 Franklin Street 2203.

Are pets allowed at 16 Franklin Street?

Yes, 16 Franklin Street allows pets.

How does 16 Franklin Street 2203 compare to other condos in North Salem?

This condo is listed 48% above the average price for condos in North Salem and has been on the market for 70 less days than the typical home in this area.

What is the square footage on this condo?

According to the MLS, this listing is 1,479 sqft.

16 Franklin Street 2203 is a 3-bedroom, 2-bath condo for sale in Salem MA 01970. Available on Prevu for 4 days at $1,100,000. This home features 1,479 square feet of living space, located in North Salem. The median listing price for condos in this area is $775,000. Property amenities include private outdoor space, dishwasher, pets allowed, elevator, fitness center, parking, and washer/dryer. Explore more condo listings in Salem.

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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.