232 Franklin Street Norwich, CT $ 349,900
232 Franklin Street
$ 349,900
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232 Franklin Street

Norwich, CT, 06360
$ 349,900
Bedrooms2 Baths1.2 Sq 2,606

Monthly Estimate*

$ 2,154

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Multi-Family Home for sale in Norwich, CT

for $349,900 with 2 bedrooms and 1 full bath, 2 half baths. This 2,606 square foot home was built in 1900 on a lot size of 0.11.

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.

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Multi-Family Active

Price

$ 349,900

Bedrooms

2

Full Bath

1

Half Bath

2

Property Type

Multi-Family

Taxes

$ 5,625

Style

Lot Size

0.11

Year Built

1900

Town/City

Norwich

MLS | Web ID

24162003

Features
General
Zoning CC
Neighborhood N/A
County New London
Tax Year July 2025-June 2026
Property Type Multi-Family For Sale
Status Active
Acres 0.11
Directions GPS
High School Per Board of Ed
City Norwich
Elementary School Per Board of Ed
Sq Ft Total 2606
DOM 3
Year Built 1900
Style Units on different Floors
Year Built Source Public Records
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Interior
Cooling System None
Total Number of Units 2
Total Rooms 6
Basement Description Full
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Exterior
Water Source Public Water Connected
Lot Description N/A
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* Excluded Features
List By
Scott Aceto

Listing Agent

Smith & Oak Real Estate Company

Broker

scott@smithoakre.com

Email

Affordability Calculator

$2,623
Per Month
82%
18%
0%
Monthly Principal & Interest
$2,154
Monthly Property Taxes
$469
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3092524 Elementary School
1232933 Middle School
Per Board of Ed High School High School
Pricing History
DatePricePrice ChangeDescription
3/27/2026$349,900 Listed Price

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232 Franklin Street, Norwich, CT, 06360 is a Multi-Family Home for sale at $349,900 with 2,606 sqft and a lot size of 0.11. 232 Franklin Street has 2 bedrooms, 1.2 baths, and was built in 1900. The property's zip code is 06360 which is in Norwich, CT