232 Franklin St

Norwich, CT 06360

$349,900
Price
2
Beds
2,606 Sq. Ft.
$134 / Sq. Ft.
2,606
Sq. Ft.
$134
per Sq. Ft.
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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...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.
  1. Listed by Scott Aceto • Smith & Oak Real Estate Company
    P: (401)-464-2617 C: (401)-400-4114 scott@smithoakre.com

Property Details for 232 Franklin Street

Basement Description
Full
Direct Waterfront
No
Garages Number
3
Neighborhood
N/A
Style
Units on different Floors
Garage Parking Info
Detached Garage, Off Street Parking
Swimming Pool
No
LISTING UPDATED: 03/27/2026 08:36 PM

Property Details for 232 Franklin Street

StatusActive
MLS #24162003
Days on Market5
Taxes$5,625 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Other
Year Built1900
Lot Size0.11 AC / 4,791 SF
CountyNew London County
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Location

Listing Courtesy of Smith & Oak Real Estate Company, Scott Aceto
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Building Information for 232 Franklin Street

Stories-Residences2Year Built1900Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

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$2,167 per month

30 year fixed, 6.11% Interest

Principal and Interest

$1,698

Property Taxes

$469

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 232 Franklin Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS
  • Elementary School: Per Board of Ed
  • Flood Zone: No
  • High School: Per Board of Ed
  • Latitude: 41.528529
  • Longitude: -72.07342
  • State: Connecticut
Parking
  • Parking Total Spaces: 6
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2025-June 2026
  • Property Tax: $5,625
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Attic Description: Unfinished, Walk-up
  • Cooling System: None
  • Heat Type: Hot Water
  • Attic YN: Yes
  • Rooms Total: 6
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Stone
  • New Construction Type: No/Resale
  • Roof: Shingle
  • Year Built: 1900
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Sq Ft Description: First Floor: 1303, Upper Story: 1303, Unfinished attic: 1303, Basement: 1303, Porch: 567
Lot Information
  • Lot Description: N/A
  • Parcel Number: 2031786
  • Sq Ft Est Heated Above Grade: 2606.0
  • Sq Ft Total: 2606.0
  • Zoning: CC
Utilities
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, Tankless Hotwater
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Owner
  • Total Number of Units: 2
  • Total Rooms Multi Family: 6
Unit 1
  • Unit Entry Order: 1
  • Unit Half Baths: 1
  • Unit Modified Date: 03-27-2026
  • Unit Num Bedrms: 0
  • Unit Num Rooms: 3
  • Unit Occupied By: Owner
Unit 2
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Half Baths: 1
  • Unit Modified Date: 03-27-2026
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 3
  • Unit Occupied By: Owner

Public Records for 232 Franklin Street

Taxable ValueLand$58,200Additions$102,100Total$160,300
Tax Record2024$6,487 ($541 / month)
Home Facts
Total Finished SqFt2,606 SqFtAbove Grade Finished SqFt2,606 SqFtUnfinished Basement SqFt1,303 SqFtStories2Lot Size4,792 SqFtStyleMiscellaneous CommercialYear Built1900ZoningCCCountyNEW LONDONAPNNWCH M:93 B:3 L:31

Schools near 232 Franklin Street

This home is within Norwich School District.
Rating
School
Type
Grades
Distance
John M. Moriarty 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
John M. Moriarty 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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More information about 232 Franklin Street, Norwich, CT 06360

232 Franklin Street is a multi-family home for sale in Norwich, CT 06360. This property was listed for sale on March 24, 2026 by Smith & Oak Real Estate Company, it's currently listed at $349,900. This listing's school district is Norwich School District. Nearby schools include John M. Moriarty School, Kelly Middle School and Aba Autism Program. 232 Franklin Street is a 2-bed, 3-bath, 2,606 sqft multi-family home built in 1900.

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 Smith & Oak Real Estate Company, Scott Aceto

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.