201 Franklin St

Norwich, CT 06360

$310,000
Last Sold Price
5
Beds
3,135 Sq. Ft.
$99 / Sq. Ft.
3,135
Sq. Ft.
$99
per Sq. Ft.
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Closed 10/7/24
Closed 10/7/24
a front view of a house with a garden

Description

A fantastic opportunity to own this very well maintained 3-family. Investors and Owner Occupants take notice! This property features 3 well sized unit, with a total floorplan over 3000sqft! The first two units are huge 2 bedrooms units with a townhouse style design with an upstairs and a downstairs creating a very comfortable setting. The third unit spans across the entire floor plan and features a very large one bedroom unit. All units have updated kitchens, baths, flooring, etc. Additionally, all...A fantastic opportunity to own this very well maintained 3-family. Investors and Owner Occupants take notice! This property features 3 well sized unit, with a total floorplan over 3000sqft! The first two units are huge 2 bedrooms units with a townhouse style design with an upstairs and a downstairs creating a very comfortable setting. The third unit spans across the entire floor plan and features a very large one bedroom unit. All units have updated kitchens, baths, flooring, etc. Additionally, all utilities are completely separate between units with tenants paying their own utilities, very low owner expenses. Furnaces are all natural gas and in very good condition! The "basement" actually has its own street level access and is very well maintained. Potential to convert to a 4th unit or rent out for storage to create additional income!
  1. Listed by Ryan Newport • William Raveis Real Estate
    P: (860)-414-2265 C: (860)-414-2265 ryan.s.newport@gmail.com
  2. Listed by Joseph A Tracey • William Raveis Real Estate
    P: (203)-433-4387 C: (203)-676-9953 jtraceyre@gmail.com

Property Details for 201 Franklin Street

Basement Description
Full
Direct Waterfront
No
Neighborhood
N/A
Style
Units on different Floors
Garage Parking Info
None
Swimming Pool
No
LISTING UPDATED: 10/08/2024 01:19 PM

Property Details for 201 Franklin Street

StatusClosed
MLS #24036474
Days on Market10
Taxes$5,917 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / 3 Family
Year Built1830
Lot Size0.09 AC / 3,920 SF
CountyNew London County
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Location

Listing Courtesy of William Raveis Real Estate, Ryan Newport; William Raveis Real Estate, Joseph A Tracey

Sold By RE/MAX Legends, Joel C Cassar

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Building Information for 201 Franklin Street

Stories-Residences3Year Built1830Building Size-Lot Size0.09 AC / 3,920 SF

Payment Calculator

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$2,038 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,545

Property Taxes

$493

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 201 Franklin Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: per gps
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.527903
  • Longitude: -72.073013
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2024-June 2025
  • Property Tax: $5,917
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Attic Description: Access Via Hatch
  • Cooling System: Window Unit
  • Heat Type: Hot Water
  • Attic YN: Yes
  • Fireplaces Total: 0
  • Rooms Total: 15
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1830
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Sq Ft Description: Finished 3rd story
Lot Information
  • Lot Description: N/A
  • Parcel Number: 2411910
  • Sq Ft Est Heated Above Grade: 3135.0
  • Sq Ft Total: 3135.0
  • Zoning: CC
Utilities
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 40 Gallon Tank
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Tenant
  • Total Number of Units: 3
  • Total Rooms Multi Family: 15
Unit 1
  • Lease: Monthly
  • Unit Average Sq Ft: 1200
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 09-18-2024
  • Unit Monthly Rent: $900
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
Unit 2
  • Lease: Monthly
  • Unit Average Sq Ft: 750
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 09-18-2024
  • Unit Monthly Rent: $750
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 5
Unit 3
  • Lease: Monthly
  • Unit Average Sq Ft: 1200
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 09-18-2024
  • Unit Monthly Rent: $900
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5

Property History for 201 Franklin Street

DateEvent & SourcePriceAppreciation
Oct 7, 2024

Closed (Public Record)

Public Record #1542670203

$310,000

+1.6% / yr

Apr 15, 2005

Closed (Public Record)

Public Record #159308402

$229,500—
DateEvent & SourcePrice
10/07/2024

Closed (Public Record)

Public Record #1542670203

$310,000

+1.6% / yr

04/15/2005

Closed (Public Record)

Public Record #159308402

$229,500

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 201 Franklin Street

Taxable ValueLand$20,900Additions$134,000Total$154,900
Tax Record2024$6,269 ($522 / month)
Home Facts
Baths3Total Finished SqFt2,954 SqFtAbove Grade Finished SqFt2,954 SqFtUnfinished Basement SqFt1,353 SqFtStories3Lot Size3,920 SqFtStyleTriplexYear Built1830ZoningCCCountySOUTHEASTERN CONNECTICUTAPNNWCH M:102 B:4 L:1

Schools near 201 Franklin Street

This home is within Norwich School District.
Rating
School
Type
Grades
Distance
Veterans' Memorial School
Public - PK to 5
Kelly Middle School
Public - 6 to 8
Aba Autism Program
Public - K to 5
Special Needs Program
Public - K to 5
Rating
School
Distance
Veterans' Memorial School
PublicPK to 5

Kelly Middle School
Public6 to 8

Aba Autism Program
PublicK to 5

Special Needs Program
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of William Raveis Real Estate, Ryan Newport; William Raveis Real Estate, Joseph A Tracey

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.