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$1,200,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 2 Full Baths
  • 1,574 Sq. Ft.
  • 1 Car Garage
  • Updated 7 hours ago
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Experience refined, single-level living at RIVERWALK-luxury boutique condominiums ideally located just moments from shops & dining in historic downtown Salem and the train to Boston. Residents enjoy premium amenities including indoor heated garage parking, elevator access, Clubroom Lounge, state-of-the-art fitness center, & riverside outdoor kitchen and patio. This spacious new construction three-bedroom, two-bath residence features high ceilings, oversized windows, and a thoughtfully designed open layout with views of the water. The chef's kitchen is appointed with stainless steel Bosch appliances, custom cabinetry, and quartz countertops with full-height backsplash, seamlessly flowing into the expansive living and dining areas with European oak hardwood flooring throughout. The primary suite offers a spa-inspired bath complete with double vanity, heated floors, seamless glass shower, smart bidet and walk-in closet. A private balcony provides the perfect space to gaze at the water.

Full Property Details for 16 Franklin St #1201

General

  • Price: $1,200,000
  • HOA FEE: $742/month
  • Taxes: (2025)
  • Status: Active
  • Type: Condo
  • MLS ID: 73512752
  • Updated: Today (5/5/2026)
  • Added to Site: Today

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bathroom 1: Second
  • Bathroom 2: Second

Bedrooms

  • Total Bedrooms: 3
  • Primary Bedroom: Second
  • Bedroom 2: Second
  • Bedroom 3: Second

Other Rooms

  • Living Room: Second
  • Kitchen: Second
  • Dining Room: Second

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Attached, Garage Door Opener, Heated Garage, Deeded

Location

  • County: Essex

Structural Information

  • Basement: Yes
  • Stories/Levels: 1
  • Square Feet: 1,574
  • Year Built: 2026

Financial Considerations

  • Association Fee: $742
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures/Rstr.: Taxes tbd. Condo fees are estimates. Extra parking available. EV Charger ready. Decks are fire suppression protected. Photos are not of this actual unit but of a different unit with the same layout in mirror image.
  • Property ID: 2132543

Listed by MerryFox Realty, Merry Fox Team and Daniel Fox

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Listing agents

— 16 Franklin St #1201 —

  • Merry Fox Team

    MerryFox Realty

  • Daniel Fox

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 16 Franklin St #1201

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 & Sales History for 16 Franklin St #1201 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/05/2026
Listed
$1,200,000
9.09%
MLS
3/25/2026
Sold
$1,100,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 16 Franklin St #1201

Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,874
-50%
$1,576,200
1%
2022
$35,645
—
$1,557,000
11%
2022
$35,645
—
$1,408,600
4%
2022
$35,645
353%
$1,354,800
375%
2021
$7,877
2%
$285,400
5%
2020
$7,699
8%
$270,900
12%
2019
$7,148
12%
$241,900
14%
2018
$6,378
—
$212,800
—
2017
$6,382
1%
$212,800
—
2016
$6,288
9%
$212,800
15%
2015
$5,758
16%
$185,800
20%
2014
$4,961
—
$154,800
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 16 Franklin St #1201

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by MerryFox Realty, Merry Fox Team and Daniel Fox

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16 Franklin Street #1201, Salem, MA 01970 (MLS# 73512752) is a Condo property with 3 bedrooms and 2 full bathrooms. 16 Franklin Street #1201 is currently listed for $1,200,000 and was received on May 05, 2026. Want to learn more about 16 Franklin Street #1201? Do you have questions about finding other Condo real estate for sale in North Lawrence? You can browse all North Lawrence real estate or contact a Coldwell Banker agent to request more information.

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