16 Franklin Street # 1303, Salem MA 01970

Salem, MA 01970
$899,900
Est. $5,517/month
3
Beds
2
Baths
1,506
Sq Ft
$598
Price/Sq Ft
2025
Year Built
1 hour 36 minutes
Time on Market
Active Listed Jan 13, 2026 • MLS# 73467801 Copied!

About this home

Escape to your own private oasis only a stone's throw from the action of historic downtown Salem and the train to Boston. The luxury boutique condominiums at RIVERWALK SALEM offer the best in modern single-level living on the North Shore. RIVERWALK amenities include indoor heated parking, elevator, Clubroom Lounge, state-of-the-art fitness center, and Riverside Outdoor Kitchen/Patio. This spacious new three-bedroom, two-bath condo features oversized windows, high ceilings, top-of-the-line finishes, a signature designer aesthetic, and private balcony. The large Chef's kitchen boasts stainless Bosch appliances, custom cabinetry, and quartz countertops and backsplash and opens into the spacious living and dining room with European hardwood floors throughout. Relax in the primary suite with walk-in closet, smart bidet, seamless tiled shower, double vanity and heated flooring.

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
3

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Condominium
Year Built 2025
Living Area 1,506 sq ft
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 Third 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

Interior Features

Flooring: Wood, Tile
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Elevator
Windows: Insulated Windows
Basement: N
Laundry: Third 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

Location

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Neighborhood

16 Franklin Street # 1303, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

E

Elementary Schools

3 schools
B-
Carlton School
0.5 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
B+
Bates School
0.7 mi | #325 of 824 | Score: 50.0
Improved 254 spots from last year
-8.2 below state avg
410 students Diverse
Diverse Student Body
Grades PK-05
The Phoenix School
0.7 mi
Grades PK-08
M

Middle Schools

1 school
C+
Collins Middle School
0.9 mi | #219 of 352 | Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

3 schools
B+
Salem Academy Charter School
0.9 mi | #139 of 346 | Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students Diverse
10 sports • 568 athletes
High Graduation Rate College Ready Curriculum
Grades 06-12
Bishop Fenwick High School
1.3 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
B
Salem High School
1.6 mi | #144 of 346 | Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
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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 $767/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

Interest
Principal
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.

Property History

Property Timeline

🏠
Listed for Sale
Jan 13, 2026
$899,900
Original listing
Agent: Merry Fox Team Office: MerryFox Realty

Price & Status History

Date Event Price Change
Jan 13, 2026 New Listing Added $899,900

Market Statistics

Time on Market
1 hour 36 minutes
Price per Sq Ft
$598

Tax History

Year Taxes Assessment
2025 $0 $0

Financial Details

Annual Property Tax
$0
Tax Year 2025
HOA Fee
$767
Monthly
Assessed Value
$0

Listing Information

Listing Agent Merry Fox Team
Listing Office MerryFox Realty
Agent MLS ID TEAM0226
Office MLS ID C95279
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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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

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Steven Novak

Steven Novak

BMN Boston Real Estate

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