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16 Franklin Street 2302Salem, MA 01970

For Sale

$1,199,000

Smart Buyer Rebate $5,995

Available Again! A rare second chance to own one of RIVERWALK’s most coveted units (2302), originally among the first to sell in 2025 for its premier waterfront location and exceptional water views. This exceptional residence (Unit 2302) boasts the very best direct water views available at RIVERWALK. Situated closest to the waterfront, you'll enjoy superior vistas from every room, while a private balcony provides sweeping river and city views. The bright open-concept layout, soaring ceilings, wide-plank hardwood flooring and oversized south-facing windows are sure to impress the most discerning buyers. This newer-construction (2025) residence offers two primary suites, two full baths, and a separate home office. The chef’s kitchen features a beautiful center island clad in stone, Bosch stainless steel appliances, including a state-of-the-art induction range, custom cabinetry, stone countertops, and a matching stone backsplash. The primary suite features a walk-in closet and spa-like bath with heated floors, heated towel rack, double vanity, seamless glass shower, and smart bidet. Unit 2302 also comes with two deeded parking spaces, including one heated garage space, plus a private storage room—valuable upgrades purchased separately by the current owner. Elevator service adds convenience, while common amenities include a clubroom lounge and fitness center, both currently under construction, plus a riverside outdoor kitchen and patio area. Leave your car at home—downtown Salem’s restaurants, shops, museums, and commuter rail to Boston are all just minutes away. This is the first resale opportunity in the waterfront condominium community—and it's a great one! This must-see residence is available now and easy to show.

Listed by Mark M. Wade

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Coldwell Banker Realty - Marblehead

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7818649812

Last updated October 25, 2026

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Source: MLSPin #73586241

Listing Facts

  • TypeCondo
  • NeighborhoodNorth Salem
  • Bedrooms2
  • Bathrooms2
  • Days on Prevu28
  • Taxes$10,946.72/year
  • Size1,455 sqft
  • Price per sqft$824

Amenities

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

Location

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Listing History

10/03/2026
Listed by Coldwell Banker Realty - Marblehead
$1,199,000
  1. 10/03/2026$1,199,000
    Listed by Coldwell Banker Realty - Marblehead

Property Details for 16 Franklin Street 2302

Association

Amenities

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

Fees

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

Exterior

Construction

  • Number Of Units Total: 37
  • Property Attached: Yes
  • Roof: Rubber
  • Stories: 1
  • Stories Total: 1
  • Window Features: Insulated Windows
  • Year Built: 2025
  • Year Built Details: Approximate
  • Building Name: Riverwalk
  • Construction Materials: Frame, Stone
  • Entry Level: 3
  • Entry Location: Unit Placement(Garden)

Features

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

Measurements

  • Building Area Total: 1,455
  • Building Area Units: Square Feet
  • Frontage Type: Bay/Harbor
  • Lot Features: Landscaped, Waterfront
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: 2132543
  • Tax Annual Amount: $10,946.72
  • Tax Assessed Value: $1,015,000.00
  • Tax Year: 2026

Interior

Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
  • Flooring: Wood, Tile
  • Interior Features: Entrance Foyer, Crown Molding, Master Downstairs, Walk-In Closet(s), Open Floorplan, Recessed Lighting

Measurements

  • Living Area: 1,455

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Rooms Total: 6

Parking

Parking

  • Attached Garage: Yes
  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage: Yes
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Attached, Garage Door Opener, Heated Garage, Storage, Deeded, Paved, Garage
  • Parking Total: 2

Utilities

Equipment

  • Cooling: Heat Pump, Zoned
  • Has Cooling: Yes
  • Electric: 220 Volts, Circuit Breakers
  • Heating: Heat Pump, 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 2 bedrooms and 2 bathrooms in this condo at 16 Franklin Street 2302.

Does this condo have parking?

Yes, there is 1 parking space available for 16 Franklin Street 2302.

Are pets allowed at 16 Franklin Street?

Yes, 16 Franklin Street allows pets.

What are the annual taxes for 16 Franklin Street 2302?

Annual taxes for this condo are estimated at $10,946.

How does 16 Franklin Street 2302 compare to other condos in North Salem?

This condo is listed 52% above the average price for condos in North Salem and has been on the market for 63 less days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is in the Riverwalk building.

What is the square footage on this condo?

According to the MLS, this listing is 1,455 sqft.

16 Franklin Street 2302 is a 2-bedroom, 2-bath condo for sale in Salem MA 01970. Available on Prevu for 28 days at $1,199,000. This residence features 1,455 square feet of living space, located in North Salem. The median listing price for condos in this area is $699,900. Additional amenities include private outdoor space, dishwasher, pets allowed, 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.