232 Franklin Street, Norwich, CT 06360 (MLS # 24171417)
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 Type(s):
Multi Family
|
Last Updated
|
5/10/2026
|
Year Built
|
1900
|
|
Garage Spaces
|
3.0
|
County
|
New London
|
SCHOOLS
| Elementary School |
Per Board of Ed |
| High School |
Per Board of Ed |
Price History
|
Prior to May 10, '26
|
$324,900 |
| May 10, '26 - Today |
$299,900 |
Additional Details
| AIR |
None |
| APPLIANCES |
Gas Water Heater |
| BASEMENT |
Full, Yes |
| CONSTRUCTION |
Frame, Vinyl Siding |
| GARAGE |
Yes |
| HEAT |
Hot Water, Natural Gas |
| LOT |
4792 sq ft |
| PARKING |
Off Street |
| SEWER |
Public Sewer |
| STYLE |
Units on different Floors |
| TAXES |
6487 |
| WATER |
Public |
| ZONING |
CC |
Location
Listing courtesy of Smith & Oak Real Estate Company
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This IDX solution is (c) Diverse Solutions 2026.