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Sold for $310,000
  • $310,000

    201 Franklin Street, Norwich, CT 06360

    5beds
    3,135sqft
    Multi Family
    Built in 1830
    -- sqft lot
    $366,600 Zestimate®
    $99/sqft
    $2,168 Estimated rent

    Home value

    $366,600

    $345,000 - $392,000

    $2,168/mo

    Zestimate® history
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    What's special

    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Ryan Newport 860-414-2265,

    William Raveis Real Estate 203-433-4387,

    Joseph Tracey 203-676-9953,

    William Raveis Real Estate

    Bought with:

    Joel C. Cassar, RES.0806127

    RE/MAX Legends

    Source: Smart MLS,MLS#: 24036474MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Hot Water, Natural Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Water Heater
    Features
    • Basement: Full
    • Attic: Access Via Hatch
    • Has fireplace: No
    Interior area
    • Total structure area: 3,135
    • Total interior livable area: 3,135 sqft
    • Finished area above ground: 3,135

    Property

    Lot
    • Size: 3,920 sqft
    Details
    • Parcel number: 2411910
    • Zoning: CC

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units on different Floors
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1830

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Norwich

    Price history

    DateEventPrice
    10/7/2024Sold$310,000+6.9%$99/sqft
    Source: Smart MLS #24036474 Report a problem
    8/12/2024Pending sale$289,900$92/sqft
    Source: Smart MLS #24036474 Report a problem
    8/1/2024Listed for sale$289,900+26.3%$92/sqft
    Source: Smart MLS #24036474 Report a problem
    4/15/2005Sold$229,500$73/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,269 +5.9%$154,900
    2024$5,917 +47.9%$154,900 +87.5%
    2023$4,002 0%$82,600
    2022$4,004 -0.3%$82,600
    2021$4,018 +0.3%$82,600
    2020$4,004 +1%$82,600
    2019$3,964 +7.9%$82,600 +8.8%
    2018$3,673 -0.7%$75,900
    2017$3,699 +1.4%$75,900
    2015$3,648 +5.8%$75,900 +1.1%
    2014$3,449 -23.7%$75,100 -46.4%
    2013$4,518 +3.8%$140,000
    2012$4,354 +7.9%$140,000
    2011$4,036 +2.9%$140,000
    2010$3,923 +3.4%$140,000
    2009$3,795 +31.9%$140,000 +44.3%
    2008$2,877 -11%$97,000
    2007$3,232 +4.1%$97,000
    2006$3,106 +4.1%$97,000
    2005$2,983 +23.8%$97,000 +69.6%
    2003$2,409 +23.2%$57,200
    2001$1,956 $57,200

    Find assessor info on the county website

    Neighborhood: 06360

    Nearby schools

    GreatSchools rating
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    $366,600
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    +$7,332
    With Zillow Showcase(estimated)
    $373,932