Condos Massachusetts Essex County Salem North Salem

$4,650 Total Monthly Price

16 Franklin St Unit 2303

Salem, MA 01970

781-864-9812

Bedrooms

3
Bathrooms

2
Square Feet

1,550 sq ft
Available

Available Now

Highlights

Patio
Waterfront
Deck

16 Franklin St Unit 2303

About This Home

$2,000 deposit, Available Now

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. MLS ID 73554925

16 Franklin St is a condo located in Essex County and the 01970 ZIP Code.

* Price shown is total price based on community-supplied monthly required fees. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. Price, availability, fees, and any applicable rent special are subject to change without notice.

* Square footage definitions vary. Displayed square footage is approximate.

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.

One-Time Basics
- Security Deposit - Refundable
  
  $2,000

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Details

Utilities Included

Water
Trash Removal
Sewer

Condo Features

Washer/Dryer

Air Conditioning

Microwave

Disposal

Washer/Dryer
Air Conditioning
Heating
Wheelchair Accessible (Rooms)
Disposal
Microwave
Range
Freezer
Views
Elevator
Waterfront
Patio
Deck

Contact

Listed by Mark M. Wade | Coldwell Banker Realty - Marblehead
Phone Number
Source

MLS Property Information Network

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein. All properties are subject to prior sale, change or withdrawal. Copyright © 2026 MLS Property Information Network, Inc. All rights reserved.

Location Get Directions

Schools Restaurants Groceries Coffee Banks Shops Fitness

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City - Salem

Welcome to Salem, Massachusetts, a historic coastal city known for its maritime heritage and centuries-old architecture. Located just 16 miles north of Boston, Salem has approximately 44,480 residents and offers housing options ranging from historic properties in the Chestnut Street District to residential communities in South Salem and the Salem Neck area. Current rental rates average $2,173 for one-bedroom apartments and $2,634 for two-bedrooms.

Salem's downtown district features the internationally acclaimed Peabody Essex Museum and the Derby Waterfront District, home to the seasonal Salem Ferry terminal. The Salem Willows neighborhood offers waterfront parks and recreational areas, while Winter Island Marine Park and Forest River Conservation Area provide outdoor spaces for walking and wildlife viewing. Salem Common, site of the first National Guard muster in 1637, remains a central gathering space.

Learn more about living in Salem

Amenities

Washer/Dryer
Air Conditioning
Heating
Wheelchair Accessible (Rooms)

Disposal
Microwave
Range
Freezer

Views
Elevator
Waterfront
Patio

Deck

Expenses

Utilities Included

Water, Trash Removal, Sewer Included

Education

Colleges & Universities			Distance
Colleges & Universities			Distance
Salem State University	Drive:	4 min	2.1 mi
Endicott College	Drive:	10 min	4.7 mi
North Shore C.C., Lynn Campus	Drive:	10 min	6.2 mi
North Shore C.C., Danvers	Drive:	14 min	6.8 mi

16 Franklin St Unit 2303 is within 4 minutes or 2.1 miles from Salem State University. It is also near Endicott College and North Shore C.C., Lynn Campus.

Transportation

Transportation options available in Salem include Blossom Street Pier, located 7.2 miles from 16 Franklin St Unit 2303. 16 Franklin St Unit 2303 is near General Edward Lawrence Logan International, located 14.7 miles or 25 minutes away.

Transit / Subway			Distance
Transit / Subway			Distance
Blossom Street Pier	Drive:	13 min	7.2 mi
Wonderland Station	Drive:	18 min	10.3 mi
Revere Beach Station	Drive:	17 min	10.7 mi

Commuter Rail			Distance
Commuter Rail			Distance
Salem	Walk:	7 min	0.4 mi
Beverly Depot	Drive:	5 min	2.4 mi
Montserrat	Drive:	8 min	3.8 mi
Swampscott	Drive:	8 min	4.7 mi
North Beverly	Drive:	10 min	5.1 mi

Airports			Distance
Airports			Distance
General Edward Lawrence Logan International	Drive:	25 min	14.7 mi

Getting Around

Fairly Walkable

Walkability

50 / 100

Good Public Transit

Transit

60 / 100

Very Drivable

Drivability

80 / 100

Fairly Bikeable

Bikeability

50 / 100

Scores provided by

Active

Soundscore^™

70 / 100

Traffic

Busy

Airport

Calm

Businesses

Active

Scores provided by

HowLoud

Points of Interest

Time and distance from 16 Franklin St Unit 2303.

Shopping Centers			Distance
Shopping Centers			Distance
28 Norman St	Walk:	10 min	0.5 mi
Museum Place Mall	Walk:	11 min	0.6 mi
10 Jefferson Ave	Walk:	17 min	0.9 mi

16 Franklin St Unit 2303 has 3 shopping centers within 0.9 mile, which is about a 17-minute walk. The miles and minutes will be for the farthest away property.

Parks and Recreation			Distance
Parks and Recreation			Distance
Salem Maritime National Historic Site	Walk:	18 min	1.0 mi
Mass Audubon's Marblehead Neck Wildlife Sanctuary	Drive:	11 min	5.5 mi
Lynn Heritage State Park	Drive:	10 min	6.7 mi
Lynn Woods	Drive:	13 min	7.2 mi
Mass Audubon's Endicott Wildlife Sanctuary	Drive:	14 min	7.3 mi

16 Franklin St Unit 2303 has 5 parks within 7.3 miles, including Salem Maritime National Historic Site, Mass Audubon's Marblehead Neck Wildlife Sanctuary, and Lynn Heritage State Park.

Hospitals			Distance
Hospitals			Distance
North Shore Medical Center	Drive:	3 min	1.4 mi
Northeast Hospital Corporation	Drive:	8 min	3.8 mi
MelroseWakefield Healthcare	Drive:	21 min	12.2 mi