$349,900

232 Franklin Street, Norwich, CT 06360

  • 2 beds |
  • 3 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 $134/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

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.

Listing Status:
Active
Date Added:
March 27, 2026
Data Last Updated:
March 28, 2026 at 8:50PM
Listing Office:
Smith & Oak Real Estate Company : (401) 400-4114
Listing Agent:
Scott Aceto : (401) 400-4114
MLS ID:
24162003
  • Basement: Full
  • A/C: None
  • Heating: Hot WaterNatural Gas
  • Style: Units on different Floors
  • Parking: Parking spaces: 6
  • Roofing: Shingle
  • County: New London
  • Zoning: CC2031786
  • Water: Public Water Connected
  • Sewer: Public Sewer Connected

This listing courtesy of Scott Aceto , Smith & Oak Real Estate Company

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.