232 Franklin St

$375,000
Price
4
Beds
2,606 Sq. Ft.
$144 / Sq. Ft.
2,606
Sq. Ft.
$144
per Sq. Ft.

Description

This versatile multi-unit property offers a rare blend of flexibility and potential. Currently configured with three residential units-two 1-bedroom, 1-bath units and one spacious 2-bedroom, 2-bath unit-along with a separate commercial space featuring its own dedicated exterior entrance. The property is zoned General Commercial; however, the town has advised the seller that an application may be submitted to convert the zoning to residential, if desired or required. Municipal records presently reflect...This versatile multi-unit property offers a rare blend of flexibility and potential. Currently configured with three residential units-two 1-bedroom, 1-bath units and one spacious 2-bedroom, 2-bath unit-along with a separate commercial space featuring its own dedicated exterior entrance. The property is zoned General Commercial; however, the town has advised the seller that an application may be submitted to convert the zoning to residential, if desired or required. Municipal records presently reflect the property as a two-family, with first-floor commercial space and a second-floor residential unit only. The town has previously been through the property in its current layout and have not found it necessary to update the town cards to reflect the existing configuration. The property will convey fully vacant, offering a unique opportunity for owner-occupants seeking flexibility, multi-generational living arrangements, or investors who prefer to select their own tenants and maximize future potential. Buyer and Buyer's agent to do their own due diligence regarding financing options and town approvals if necessary.
  1. Listed by Madelyn Pope • RE/MAX One
    P: (860)-857-0850 C: (860)-857-0850 maddypopere@gmail.com

Property Details for 232 Franklin Street

Basement Description
Full, Apartment, Partially Finished, Walk-out
Direct Waterfront
No
Garages Number
3
Neighborhood
N/A
Style
Units on different Floors
Garage Parking Info
Detached Garage
Swimming Pool
No
LISTING UPDATED: 12/31/2025 02:35 PM

Property Details for 232 Franklin Street

StatusActive
MLS #24146562
Days on Market1
Taxes$6,487 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 4 Family
Year Built1900
Lot Size0.11 AC / 4,791 SF
CountyNew London County

Location

Listing Courtesy of RE/MAX One, Madelyn Pope
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Building Information for 232 Franklin Street

Stories-Residences4Year Built1900Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$2,394 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,853

Property Taxes

$541

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 232 Franklin Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPs Friendly
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.528529
  • Longitude: -72.07342
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2025-June 2026
  • Property Tax: $6,487
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Attic Description: Unfinished, Walk-up
  • Cooling System: Ceiling Fans, Window Unit
  • Heat Type: Hot Water
  • Attic YN: Yes
  • Fireplaces Total: 0
  • Rooms Total: 8
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Stone
  • New Construction Type: No/Resale
  • Roof: Shingle, Other
  • Year Built: 1900
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 2606
Lot Information
  • Lot Description: Sloping Lot
  • 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, Domestic
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Owner
  • Total Number of Units: 4
  • Total Rooms Multi Family: 8
Unit 1
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Modified Date: 12-31-2025
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 3
  • Unit Occupied By: Owner
Unit 2
  • Unit Entry Order: 1
  • Unit Full Baths: 0
  • Unit Half Baths: 1
  • Unit Modified Date: 12-31-2025
  • Unit Num Bedrms: 0
  • Unit Num Rooms: 1
  • Unit Occupied By: Vacant
Unit 3
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Modified Date: 12-31-2025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 2
  • Unit Occupied By: Owner
Unit 4
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Modified Date: 12-31-2025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 2
  • Unit Occupied By: Vacant

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
Public - K to 5
Public - 6 to 8
Public - K to 5
Public - K to 5
Rating
School
Distance
John M. Moriarty School
PublicK 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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232 Franklin Street is a multi-family home for sale in Norwich, CT 06360. 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 4-bed, 4-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 makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX One, Madelyn Pope

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.