Price cut
$1,199,000
2 bd · 2 ba · 1,455 sqft
16 Franklin St Unit 2302, Salem, MA 01970
Condo · Built 2025 · $824/sqft ·
$7,731/mo est. payment
- HOA
- $724/mo
- Garage
- 1 car
- Stories
- 1
About this home
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.
Facts and features
Bedrooms
- Bedrooms: 2
- Bedrooms On Main Level: 2
- Primary Bedroom Level: Main,Third
- Bedroom 2 Level: Main,Third
- Primary Bedroom Features: Bathroom - Full,Walk-In Closet(s),Flooring - Wood,Recessed Lighting,Crown Molding
- Bedroom 2 Features: Closet, Flooring - Wood, Recessed Lighting, Crown Molding
Other Rooms
- Total Rooms: 6
- Entry Foyer Level: 3
- Living Room Level: Main,Third
- Office/Study Room Level: Main
- Living Room Features: Flooring - Wood, Deck - Exterior, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Slider, Lighting - Overhead, Decorative Molding
- Office/Study Room Features: Flooring - Wood, Lighting - Overhead
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathrooms On Main Level: 2
- Bathroom 1 Level: Main,Third
- Bathroom 2 Level: Main,Third
- Primary Bathroom Features: Yes
- 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 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Recessed Lighting
Interior Features
- Lighting - overhead
- Crown molding
- Decorative molding
- Home office
- Foyer
- Internet available - broadband
- Door Features: Insulated Doors
- Flooring: Wood, Tile
Appliances
- Range
- Dishwasher
- Disposal
- Microwave
- Refrigerator
- Freezer
- Washer
- Dryer
Heating and Cooling
- Cooling Features: Heat Pump, Unit Control
- Heating Features: Heat Pump, Unit Control
- Heating: Yes
Kitchen and Dining
- Dining Room Features: Flooring - Wood, Open Floorplan, Lighting - Overhead
- Dining Room 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
- Kitchen Level: Main,Third
Exterior and Lot Features
- Deck
- Patio
- City view(s)
- Professional landscaping
- Sprinkler system
- Patio And Porch Features: Deck, Patio
- Patio: Yes
- Deck: Yes
Schools
- 6
Collins Middle School
middle · 6-8 · 0.9 mi
- 5
Saltonstall School
elementary · K-8 · 1.0 mi
- 4
Salem High School
high · 9-12 · 1.5 mi
St. Joseph School
elementary · K-8 · 0.6 mi
- 2
Salem - New Liberty Innovation School
high · 9-12 · 0.4 mi
Salem Prep High School
high · 9-12 · 0.4 mi
Price history
- Oct 3, 2026 · Listed$1,199,000
- Aug 24, 2026 · Listing Removed$1,200,000
- Jun 23, 2026 · Listed$1,200,000
Home value
$753,000
- Collateral Analytics$753,000
Where it is
Listed by Mark Wade · Coldwell Banker Realty · MLSPIN
