NOMADEReal Estate

$299,900

Active

232 Franklin Street

Norwich, Connecticut, 06360 · New London County

4

Beds

4

Baths

2,606

Sq Ft

1900

Built

MLS # 24171417

Price / Sq Ft

$115

Property Type

Multi-Family For Sale

Lot Size

0.11

Class

Property

About This Property

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.

Property Details

232 Franklin Street, Norwich Connecticut 06360 — Multi-Family For Sale listed at $299,900.

At a Glance

4

Bedrooms

4

Bathrooms

2,606

Sq Ft

0.11

Lot Size

--

Garage

1900

Year Built

The Details

Property TypeMulti-Family For Sale
NeighborhoodNew London
Address232 Franklin Street
MLS Number24171417
Year Built1900
Square Footage2,606
Lot Size0.11
Bedrooms4
Bathrooms4
Water SourcePublic Water Connected

Property Details

Financial

Assessed Value160300
Mil Rate Total34.51
Property Tax6487
Tax YearJuly 2025-June 2026

Property Features

Attic DescriptionUnfinished,Walk-up
Attic YN1
Basement DescriptionFull
Cooling SystemNone
Exterior SidingVinyl Siding
Foundation TypeConcrete,Stone
Garage ParkingDetached Garage,Off Street Parking
Garages Number3
Heat Fuel TypeNatural Gas
Heat TypeHot Water
Hot Water DescriptionNatural Gas,Tankless Hotwater
Roof InformationShingle

Location & Community

DirectionsGPS
Elementary SchoolPer Board of Ed
High SchoolPer Board of Ed
NeighborhoodN/A

All Photos (38)

Affordability Calculator

$299,900

Down Payment$59,980
Loan Amount$239,920
Principal & Interest$1,516/mo
Property Tax$300/mo
Insurance$100/mo
Est. Monthly$1,916/mo

Listing Agent

S

Scott Aceto

Smith & Oak Real Estate Company

Contact Scott Aceto

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Quick Facts

StatusActive
TypeMulti-Family For Sale
ClassProperty
MLS #24171417
Last Updated2026-05-20