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$4,650

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  • Sold
  • Closed
  • Condo
  • 3 Beds
  • 2 Full Baths
  • 1,550 Sq. Ft.
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RIVERWALK at SALEM - Brand-New Luxury Waterfront Rental | Available Now. Be the first person ever to live in this exceptional new residence at Riverwalk, Salem's premier waterfront condominium community. This is the first and only rental opportunity currently available in this luxury new-construction development. Designed with upscale finishes throughout, this bright & open 3-bedroom, 2-bath home features an open-concept floor plan, water views, and a private balcony. The chef-inspired kitchen is appointed with premium cabinetry, stone countertops, and high-end Bosch appliances, creating a space that's as beautiful as it is functional. The luxurious primary suite offers a true spa experience, complete with a double-sink vanity, an oversized glass-enclosed shower, heated tile floors, and a heated towel rack. Every detail reflects the quality and comfort expected in a high-end condominium. Additional features include elevator service, heated garage parking with private storage, central air, and beautifully finished living spaces throughout. Outdoor amenities include a scenic waterfront walking path, common patio, and outdoor grilling area. An indoor fitness center and recreation room are currently under construction. Ideally located just minutes from downtown Salem's restaurants, shops, museums, and the commuter rail to Boston, this is a rare opportunity to enjoy luxury waterfront living in a pristine, never-before-occupied home.

Full Property Details for 16 Franklin #2303

General

  • Rent: $4,650
  • Status: Closed
  • Type: Condo
  • Source: MLSPin
  • MLS ID: 73554925
  • Added to Site: 64 day(s) ago

Rental Information

  • Lease/Rent Term: Term of Rental(12)
  • References Req.: Yes
  • Deposit Req.: Yes
  • First Month Req.: Yes
  • Last Month Req.: Yes
  • Rent Includes: Water, Sewer, Trash Collection, Snow Removal, Recreational Facilities, Gardener, Laundry Facilities, Parking

Interior

  • Number of Rooms: 6
  • Interior Features: Open Floorplan, Recessed Lighting, Lighting - Overhead, Entry Hall, Handicap Equipped, Elevator, Single Living Level, Internet Available - Broadband
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Baths: 1
  • Main - Full Baths: 2
  • Bathroom 1: Full Bathroom, Bathroom Double Vanity/Double Sink, Tiled Bathroom with Shower Stall, Stone/Ceramic Tile, Main, Third
  • Bathroom 2: Full Bathroom, Tiled Bathroom with Tub and Shower, Third

Bedrooms

  • Total Bedrooms: 3
  • Primary Bedroom: Yes, Main, Third

Other Rooms

  • Living Room: Exterior Deck, Exterior Access, Open Floorplan, Recessed Lighting, Flooring - Engineered Hardwood, Main, Third
  • Kitchen: Dining Area, Stone/Granite/Solid Countertops, Upgraded Countertops, Kitchen Island, Upgraded Cabinets, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant, Lighting - Overhead, Flooring - Engineered Hardwood, Main, Third
  • Dining Room: Open Floorplan, Recessed Lighting, Lighting - Overhead, Flooring - Engineered Hardwood, Main, Third
  • Laundry: Main Level, Third Floor, In Unit

Exterior

  • Exterior Features: Deck - Vinyl, Patio, Covered Patio/Deck, Professional Landscaping, Decorative Lighting, Gazebo, City View(s)

Parking

  • Total Spaces: 1

Location

  • County: Essex
  • Driving Directions: Route 114 to Franklin Street.

Heating & Cooling

  • Air Conditioning: Yes
  • Heating Type: Heat Pump
  • Heating Fuel: Heat Pump

Structural Information

  • Square Feet: 1,550
  • Sq. Ft. Source: Plans
  • Living Area: 1,550 Sq. Ft.
  • Year Built: 2026

Additional Structures

  • Other Structures: Gazebo

Water Features

  • Water Front: Yes
  • Water Front Desc.: Waterfront, 1/2 to 1 Mile To Beach

Financial Considerations

  • Price Per Sq. Ft.: $3
  • Lease Price: $4,650
  • Security Deposit: $2,000

Disclosures and Reports

  • Disclosures/Rstr.: New construction, 2026.
  • Property ID: 2132543

Meet the listing and selling agent

Meet the listing and selling agent
— 16 Franklin #2303 —

Schools serving 16 Franklin #2303

School District:Salem School District, Salem, MA
NameGradesDistance
Carlton Elementary School
10 Skerry Street, Salem, MA 01970
K-50.5 mi
Bates Elementary School, Salem, MA
53 Liberty Hill Avenue, Salem, MA 01970
K-50.7 mi
Saltonstall School
211 Lafayette Street, Salem, MA 01970
K-80.9 mi
Collins Middle School
29 Highland Avenue, Salem, MA 01970
6-80.9 mi
Salem Prep High School
2 Museum Place Mall, Salem, MA 01970
9-120.4 mi
Salem High School, Salem, MA
77 Willson Street, Salem, MA 01970
9-121.6 mi
Witchcraft Heights Elementary School
1 Frederick Street, Salem, MA 01970
K-51.3 mi
Horace Mann Laboratory
79 Willson Street, Salem, MA 01970
K-51.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price History for 16 Franklin #2303

Date
Details
Price
Change
Source
8/01/2026
Sold
$4,650
—
MLS
7/25/2026
Listed
$4,650
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Just Listed near 16 Franklin #2303

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7 Gaywood Cir, Peabody, MA 01960 - Photo 1 Just Listed
$939,000
Open House

7 Gaywood Cir  Peabody, MA 01960

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,176
    Sq. Ft.
Listed by Louise Touchette Team (617) 605-0555
19 Lynn St, Peabody, MA 01960 - Photo 1 Just Listed
$569,000

19 Lynn St  Peabody, MA 01960

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 1,512
    Sq. Ft.
5 Fairview Rd, Peabody, MA 01960 - Photo 1 Just Listed
$819,900
Open House

5 Fairview Rd  Peabody, MA 01960

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,832
    Sq. Ft.
11 Coleman St, Peabody, MA 01960 - Photo 1 Just Listed
$699,000

11 Coleman St  Peabody, MA 01960

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,200
    Sq. Ft.

Price Reduced near 16 Franklin #2303

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101 Bartholomew St, Peabody, MA 01960 - Photo 1 Price Reduced
-$20,000 (-2.74%)
$709,000
Open House

101 Bartholomew St  Peabody, MA 01960

  • Single Family
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 1
    Total Bath
  • 1,485
    Sq. Ft.
Listed by Souzan Davood Team (617) 852-5797
48 Home St, Peabody, MA 01960 - Photo 1 Price Reduced
-$50,000 (-10.99%)
$405,000

48 Home St  Peabody, MA 01960

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 1
    Total Bath
  • 864
    Sq. Ft.
2 Yale St, Peabody, MA 01960 - Photo 1 Price Reduced
-$40,000 (-4.44%)
$859,900

2 Yale St  Peabody, MA 01960

  • Single Family
  • Active
  • Updated 2 days ago
  • 6
    Beds
  • 4
    Total Baths
  • 2,380
    Sq. Ft.
8 Pulaski St, Peabody, MA 01960 - Photo 1 Price Reduced
-$20,000 (-3.64%)
$529,000
Open House

8 Pulaski St  Peabody, MA 01960

  • Single Family
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 1
    Total Bath
  • 1,216
    Sq. Ft.

Recent Sales near 16 Franklin #2303

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14 Lynde St, Salem, MA 01970 - Photo 1 Sold
$4,400

14 Lynde St  #2  Salem, MA 01970

  • Condo
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 1,617
    Sq. Ft.
217-221 Essex St, Salem, MA 01970 - Photo 1 Sold
$4,200

217-221 Essex St  #305  Salem, MA 01970

  • Apartment
  • Closed
  • 2
    Beds
  • 2
    Total Baths
  • 1,142
    Sq. Ft.
217-221 Essex St, Salem, MA 01970 - Photo 1 Sold
$4,200

217-221 Essex St  #306  Salem, MA 01970

  • Apartment
  • Closed
  • 2
    Beds
  • 2
    Total Baths
  • 1,161
    Sq. Ft.
24 Chestnut St, Salem, MA 01970 - Photo 1 Sold
$4,950

24 Chestnut St  #2  Salem, MA 01970

  • Condo
  • Closed
  • Updated 12 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 3,400
    Sq. Ft.

16 Franklin #2303, Salem, MA 01970 (MLS# 73554925) is a Condo property that was sold at $4,650 on August 01, 2026. This property was listed by Mark Wade from our Marblehead Office.Want to learn more about 16 Franklin #2303? Do you have questions about finding other real estate for sale or rent in Salem? You can browse all Salem rentals or contact a Coldwell Banker agent to request more information.