Price Reduced 7.69%
Listing courtesy of Scott Aceto (401) 400-4114, Smith & Oak Real Estate Company (401) 400-4114
Price History
$324,900
4/29/2026
$299,900
5/10/2026
232 Franklin Street, Norwich, CT, 06360
7 rooms
4 beds
2 Full / 2 Half baths
1900
Units on different Floors
2,606 sqft
Versatile mixed-use opportunity with extensive recent upgrades. This property has undergone significant improvements, including brand new kitchens, updated bathrooms and showers, new flooring throughout each unit, and new appliances. Major mechanicals have been addressed with a brand new furnace backed by a 10-year warranty, along with a recently replaced gas meter and new gas line. Exterior updates include siding approximately 3 years old, recently paved driveway (2 years), and new roofing on the garage, shed, and rear portion of the home. Additional features include durable metal garage doors, a detached 3-car garage, and a private backyard offering functional outdoor space. The front portion of the commercial space was updated within the past year, enhancing usability for business or mixed-use potential. Property is zoned General Commercial with potential for mixed-use conversion (buyer to perform due diligence), and will be delivered compliant with a first-floor commercial unit and second-floor residential unit. Ideal for investors or owner-occupants seeking flexibility, modernization, and long-term upside in a walkable location.
Status:
Active
Type:
Multi-family
Units:
2
Zoning:
CC
Garage:
3-car Detached Garage, Off Street Parking
Heating:
Hot Water
Cooling:
None
Basement:
Full
Parking:
6-car
Acreage:
0.11
Est. Taxes:
$6,487
Assessment
$160,300
Lot Description:
N/A
Elementary School:
Per Board of Ed
High School:
Per Board of Ed
Days on Market:
21
MLS #:
24171417
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School Info
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