FeaturesBathroom - Full
LevelFirst
16 Franklin Street # 1503, Salem MA 01970
Salem, MA 01970
$1,000,000
Est. $5,999/month
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About this home
Experience penthouse living at RIVERWALK SALEM, where sophisticated design meets effortless North Shore living. This spacious new three-bedroom, two-bath penthouse offers exceptional privacy, oversized windows, soaring ceilings, a private balcony, and a signature designer aesthetic. The Chef’s kitchen features Bosch stainless steel appliances, custom cabinetry, quartz countertops and backsplash, and opens to expansive living and dining spaces with European hardwood floors throughout. The luxurious primary suite offers a walk-in closet and spa-inspired bath with heated floors, double vanity, smart bidet, and seamless tiled shower. RIVERWALK amenities include indoor heated parking, elevator, state-of-the-art fitness center, Clubroom Lounge, and Riverside Outdoor Kitchen/Patio. Just moments from historic downtown Salem, dining, shopping, culture, and the commuter rail to Boston.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 17, 2026
$1,000,000
Original listing
Agent: Merry Fox Team
Office: MerryFox Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/17/2026 | 🏠 Listed for Sale | $1,000,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $0 | $0 |
Financial Details
Annual Property Tax
$0
Tax Year 2025
HOA Fee
$742
Monthly
Assessed Value
$0
Facts & Features
1 Car Garage
Home Facts
Type
Residential
Style
Condominium
Year Built
2025
Living Area
1,506 sq ft
Stories
1
Bedrooms
3
Full Baths
2
Total Rooms
6
Interior
Heating
Central, Heat Pump, Electric
Cooling
Heat Pump
Flooring
Wood, Tile
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace
None
Basement
N
Laundry
First Floor, In Unit
Features
Elevator
Exterior
Construction
Frame
Architecture
None
Roof
Rubber
Features
Deck
Pool
None
Spa
None
Fencing
None
Patio/Porch
Deck
Parking
Garage Spaces
1
Has Garage
Yes
Features
Attached, Garage Door Opener, Heated Garage, Deeded
Total Spaces
1
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
0.00
Assessed Value
0.00
HOA & Community
HOA Fee
$742 Monthly
Fee Includes
Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities
Elevator(s), Fitness Center, Clubroom
Optional Fee Includes
None
Pets
Yes
MA Disclosures
Lead Paint
None
Seller Disclosures
Ready For Immediate Occupancy. Other Layouts Available. Extra Parking Available. Ev Charger Ready. Decks Are Fire Suppression Protected. Some Photos Are Not Of This Actual Unit But Of A Different Unit With The Same Layout In Mirror Image. Furniture Is Virtual Staging.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Garden"]
Unit/Building
1503
Sq Ft Source
Unit Floor Plan
Documents
Master Deed, Unit Deed, Rules & Regs, Floor Plans, Association Financial Statements (5)
County
Essex
Property Overview
Property Type
Condominium
Listing Type
For Sale
Year Built
2025
Bedrooms
3
Full Bathrooms
2
Living Area
1,506 sq ft
Total Rooms
6
Stories
1
Entry Level
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,506 sq ft above grade
LevelFirst
LevelFirst
LevelFirst
FeaturesBathroom - Full
LevelFirst
LevelFirst
LevelFirst
LevelFirst
FeaturesYes
Display Options
Outdoor Areas
Patio & porchDeck
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Tile
Appliances:
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Elevator
Windows:
Insulated Windows
Basement:
N
Laundry:
First Floor, In Unit
Security:
Intercom, TV Monitor
Construction & Materials
Year Built:
2025
Structure Type:
Garden
Exterior Materials:
Frame
Roof:
Rubber
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Central, Heat Pump, Electric
Heating Zones:
4
Cooling:
Heat Pump
Cooling Zones:
4
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Deck
Patio & Porch:
Deck
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Garage Spaces:
1
Garage Type:
Attached
Total Parking Spaces:
1
Parking Features:
Attached, Garage Door Opener, Heated Garage, Deeded
Special Features
Waterfront:
Yes
Waterfront Type:
Waterfront, Ocean, Sound, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Community Amenities:
Public Transportation, Shopping, Tennis Court(s), Park, Golf, Medical Facility, Highway Access, Public School, T-Station
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$0
Homeowners Insurance
$200
HOA Fee
$742/mo
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
16 Franklin Street # 1503, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Merry Fox Team
Listing Office
MerryFox Realty
Office Phone
978-808-8064
Agent MLS ID
TEAM0226
Office MLS ID
C95279
Listing Data Updated
Aug 17, 2026 5:30 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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