16 Franklin Street, #2302

Salem, MA 01970

$1,199,000

Price

2

Beds

2

Baths

1,455

Square Feet

$1,199,000

Price

2

Beds

2

Baths

1,455

Square Feet

First OPEN HOUSE this Sunday, 11:30-1:30. This exceptional residence (Unit 2302) just became available, offering the very best direct water views on the market at RIVERWALK. Situated closest to the waterfront, Unit 2302 offers superior views from every room, while a private balcony captures sweeping river and city vistas. The bright open-concept layout, soaring ceilings, and south-facing oversized 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 a must-see residence at Salem’s premier waterfront condominium community. Easy to show!

Property Type Residential
Property Sub Type Condominium
Property Status Active
Time on Market 7 days
MLS# 73586241
Listed Price $1,199,000
Property Taxes $10,947
Year Built 2025
Data Source MLS PIN
John Montanaro

Senior Associate

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Residential Sales & Leasing

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617.314.9400

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.

Listing Courtesy of: Coldwell Banker Realty - Marblehead

Listing Agent: Mark M. Wade


School data provided by GreatSchools.

The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.

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Property Details


Property Type Residential
Property Sub Type Condominium
Bedrooms 2
Living Area 1,455 Sq. Ft.
HOA Fee 724
HOA Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
County Essex
Year Built Description Approximate
Construction Frame, Stone
Heating Features Heat Pump, Unit Control
Number of Heat Zones 3
Cooling Features Heat Pump, Unit Control
Number of Cooling Zones 3
Basement Features N
Flooring Wood, Tile
Electric Features 110 Volts, 220 Volts, Circuit Breakers
Waterfront? Yes
Waterfront Features Waterfront, River, Harbor, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Water Public
Assessments 1015000
Rooms 6
Adult Community No
Full Baths 2
Half Baths 0
Total Bathrooms 2
Town Salem
ZIP 01970
Unit Count 37
Stories Total 1
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Exterior Features Deck, Patio, City View(s), Professional Landscaping, Sprinkler System
Interior Features Lighting - Overhead, Crown Molding, Decorative Molding, Home Office, Foyer, Internet Available - Broadband
Roof Material Rubber
Parking Spaces 2
Garage Spaces 1
Parking Description Attached, Under, Garage Door Opener, Heated Garage, Storage, Deeded, Paved, Exclusive Parking
Sewer Public Sewer
Tax Year 2026
Master Bathroom Features Yes
Bathroom 1 Level Main,Third
Bathroom 1 Features Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Closet - Linen, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Double Vanity, Recessed Lighting
Bathroom 2 Level Main,Third
Bathroom 2 Features Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Recessed Lighting
Master Bedroom Level Main,Third
Master Bedroom Features Bathroom - Full, Walk-In Closet(s), Flooring - Wood, Recessed Lighting, Crown Molding
Bedroom 2 Level Main,Third
Bedroom 2 Features Closet, Flooring - Wood, Recessed Lighting, Crown Molding
Dining Room Level Main,Third
Dining Room Features Flooring - Wood, Open Floorplan, Lighting - Overhead
Kitchen Level Main,Third
Kitchen Features Flooring - Wood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant, Decorative Molding
Living Room Level Main,Third
Living Room Features Flooring - Wood, Deck - Exterior, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Slider, Lighting - Overhead, Decorative Molding
Office Level Main
Office Features Flooring - Wood, Lighting - Overhead

Schools


School data provided by GreatSchools.

The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.

Find out more about GreatSchools ratings.

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