BMN Boston

Get our mobile app!

Download on the App Store

18 Franklin # 203, Salem MA 01970

Salem, MA 01970
$1,150,000
Est. $6,757/month
3
Beds
2
Baths
1,505
Sq Ft
$764
Price/Sq Ft
2025
Year Built
1
Garage Space
419
Days on Market
Active Listed May 20, 2025 • MLS# 73377819 Copied! • Updated Sep 25, 2025

About this home

Designed to take advantage of beautiful water views, the luxury boutique condominiums at RIVERWALK SALEM offer the best in modern single-level living on the North Shore. This spacious new three-bedroom, two-bath condo features oversized windows, high ceilings, top-of-the-line finishes, plentiful amenities, and personalized finishes with a signature designer aesthetic. 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. Lifestyle amenities include indoor heated parking, elevator, Clubroom Lounge, state-of-the-art fitness center, and Riverside Outdoor Kitchen/Patio. Escape to your own private oasis only a stone's throw from the action of historic downtown Salem.

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
May 20, 2025
$1,150,000
Original listing
Agent: Merry Fox Team Office: MerryFox Realty

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 1,505 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 Second Floor, In Unit
Features Elevator

Exterior

Construction Frame
Architecture None
Roof Rubber
Features Deck
Pool None
Spa None
Fencing None
Patio/Porch Deck
Garage Spaces 1
Has Garage Yes
Features Attached, Garage Door Opener, Heated Garage, Deeded
Total Spaces 1
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None
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
Seller Disclosures Taxes Tbd. Condo Fees Are Estimates. Currently Under Construction With Expected Occupancy In Summer Of 2025. Extra Parking Available. Ev Charger Ready. Decks Are Fire Suppression Protected. Some Pictures Are Renderings.
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 203
Sq Ft Source Unit Floor Plan
Documents Master Deed, Unit Deed, Rules & Regs, Floor Plans, Association Financial Statements (5)
County Essex
Total market time (incl. prior listings) 128 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2025
Bedrooms
3
Full Bathrooms
2
Living Area
1,505 sq ft
Total Rooms
6
Stories
1
Entry Level
2

Room Details

Second Floor

Kitchen
Bathroom2
Bathroom - Full
Bathroom1
Bathroom - Full
Bedroom2
Dining Room
Bedroom3
Living Room
Master Bedroom

Other Floor

Bedroom5
Bedroom4
Family Room
Bathroom3
Office
Master Bathroom
Yes

Interior Features

Flooring: Wood, Tile
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Elevator
Windows: Insulated Windows
Basement: N
Laundry: Second 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
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
Rising School Diverse Student Body
Grades PK-05
The Phoenix School
0.7 mi
Grades PK-08
M

Middle Schools

3 schools
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
Rising School Diverse Student Body
Grades 06-08
C+
J. Henry Higgins Middle School
2.2 mi | #240 of 352 | Score: 37.2
Improved 5 spots from last year
-21 below state avg
1,320 students Diverse
Grades 06-08
B+
Village School
2.3 mi | #253 of 824 | Score: 52.3
Dropped 64 spots from last year
-5.9 below state avg
529 students Moderate
Grades 04-06
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 Rising School College Ready Curriculum
Grades 06-12
Bishop Fenwick High School
1.2 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
Learn about these ratings

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

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.

Location

Loading map...

Neighborhood

18 Franklin # 203, 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 Sep 25, 2025 4:10 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steven Novak
Steven Novak
BMN Boston Real Estate
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

18 Franklin # 203, Salem MA 01970 - Photo 1 18 Franklin # 203, Salem MA 01970 - Photo 2 18 Franklin # 203, Salem MA 01970 - Photo 3 18 Franklin # 203, Salem MA 01970 - Photo 4 18 Franklin # 203, Salem MA 01970 - Photo 5 18 Franklin # 203, Salem MA 01970 - Photo 6 18 Franklin # 203, Salem MA 01970 - Photo 7 18 Franklin # 203, Salem MA 01970 - Photo 8 18 Franklin # 203, Salem MA 01970 - Photo 9 18 Franklin # 203, Salem MA 01970 - Photo 10 18 Franklin # 203, Salem MA 01970 - Photo 11 18 Franklin # 203, Salem MA 01970 - Photo 12 18 Franklin # 203, Salem MA 01970 - Photo 13 18 Franklin # 203, Salem MA 01970 - Photo 14 18 Franklin # 203, Salem MA 01970 - Photo 15 18 Franklin # 203, Salem MA 01970 - Photo 16 18 Franklin # 203, Salem MA 01970 - Photo 17 18 Franklin # 203, Salem MA 01970 - Photo 18 18 Franklin # 203, Salem MA 01970 - Photo 19 18 Franklin # 203, Salem MA 01970 - Photo 20 18 Franklin # 203, Salem MA 01970 - Photo 21 18 Franklin # 203, Salem MA 01970 - Photo 22 18 Franklin # 203, Salem MA 01970 - Photo 23 18 Franklin # 203, Salem MA 01970 - Photo 24 18 Franklin # 203, Salem MA 01970 - Photo 25 18 Franklin # 203, Salem MA 01970 - Photo 26 18 Franklin # 203, Salem MA 01970 - Photo 27 18 Franklin # 203, Salem MA 01970 - Photo 28 18 Franklin # 203, Salem MA 01970 - Photo 29 18 Franklin # 203, Salem MA 01970 - Photo 30 18 Franklin # 203, Salem MA 01970 - Photo 31 18 Franklin # 203, Salem MA 01970 - Photo 32 18 Franklin # 203, Salem MA 01970 - Photo 33 18 Franklin # 203, Salem MA 01970 - Photo 34 18 Franklin # 203, Salem MA 01970 - Photo 35 18 Franklin # 203, Salem MA 01970 - Photo 36 18 Franklin # 203, Salem MA 01970 - Photo 37 18 Franklin # 203, Salem MA 01970 - Photo 38
Steven Novak

Steven Novak

BMN Boston Real Estate

Your message will be sent to Steven Novak.

Schedule a Tour