$375,000

232 Franklin Street, Norwich, CT 06360

  • 4 beds |
  • 4 baths |
  • 2,606 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon 3 car garage
  • Property Price Per Square Feet Icon $144/sqft
  • Property List Date Icon Listed 14 hours ago

Property Description

This versatile multi-unit property offers a rare blend of flexibility and potential. Currently configured with three residential units-two 1-bedroom, 1-bath units and one spacious 2-bedroom, 2-bath unit-along with a separate commercial space featuring its own dedicated exterior entrance. The property is zoned General Commercial; however, the town has advised the seller that an application may be submitted to convert the zoning to residential, if desired or required. Municipal records presently reflect the property as a two-family, with first-floor commercial space and a second-floor residential unit only. The town has previously been through the property in its current layout and have not found it necessary to update the town cards to reflect the existing configuration. The property will convey fully vacant, offering a unique opportunity for owner-occupants seeking flexibility, multi-generational living arrangements, or investors who prefer to select their own tenants and maximize future potential. Buyer and Buyer's agent to do their own due diligence regarding financing options and town approvals if necessary.

Listing Status:
Active
Date Added:
December 31, 2025 at 02:35PM
Listing Office:
RE/MAX One : (860) 444-7362
Listing Agent:
Madelyn Pope : (860) 857-0850
MLS ID:
24146562
  • Basement: FullApartmentPartially FinishedWalk-out
  • A/C: Ceiling FansWindow Unit
  • Heating: Hot WaterNatural Gas
  • Fireplace: Fireplaces: 0
  • Style: Units on different Floors
  • Roofing: ShingleOther
  • County: New London
  • Zoning: CC2031786
  • Water: Public Water Connected
  • Sewer: Public Sewer Connected

This listing courtesy of Madelyn Pope, RE/MAX One

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

John B. Stanton School

386 New London Tpke, Norwich, CT, 06360

Grades KG-5

1.50 miles away

T

Teachers' Memorial Global Studies Magnet Middle School

15 Teachers Dr, Norwich, CT, 06360

Grades 6-8

1.20 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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