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. Sale is contingent upon seller finding suitable housing.
Under contract
$319,900
232 Franklin Street, Norwich, CT 06360
5beds
2,606sqft
Multi Family
Built in 1900
-- sqft lot
$318,000 Zestimate®
$123/sqft
$-- HOA
What's special
Durable metal garage doorsBrand new kitchensUpdated bathrooms and showersNew appliances
- 27 days
- 914
- 78
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Scott Aceto (203)300-8589,
Smith & Oak Real Estate Company 401-400-4114
Source: Smart MLS,MLS#: 24206430
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 1
- 1/2 bathrooms: 2
Heating
- Hot Water, Natural Gas
Cooling
- None
Appliances
- Included: Tankless Water Heater
Features
- Basement: Full
- Attic: Walk-up
- Has fireplace: No
Interior area
- Total structure area: 2,606
- Total interior livable area: 2,606 sqft
- Finished area above ground: 2,606
Property
Parking
- Total spaces: 6
- Parking features: Detached, Off Street
- Garage spaces: 3
Lot
- Size: 4,791 Square Feet
Details
- Parcel number: 2031786
- Zoning: CC
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter, Stone
- Roof: Shingle
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Norwich
Financial & listing details
- Price per square foot: $123/sqft
- Tax assessed value: $160,300
- Annual tax amount: $5,474
- Date on market: 9/11/2026
Estimated market value
$318,000
$302,000 - $334,000
$2,016/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2026 | Pending sale | $319,900$123/sqft |
Source: | ||
| 9/11/2026 | Listed for sale | $319,900+6.7%$123/sqft |
Source: | ||
| 6/15/2026 | Listing removed | $299,900$115/sqft |
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| 5/10/2026 | Price change | $299,900-7.7%$115/sqft |
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| 4/29/2026 | Listed for sale | $324,900-7.1%$125/sqft |
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| 4/1/2026 | Listing removed | $349,900$134/sqft |
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| 3/27/2026 | Listed for sale | $349,900-6.7%$134/sqft |
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| 2/28/2026 | Listing removed | $375,000$144/sqft |
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| 12/31/2025 | Listed for sale | $375,000+1150%$144/sqft |
Source: | ||
| 1/19/2000 | Sold | $30,000$12/sqft |
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Public tax history
Tax history is unavailable.
Monthly payment
Est. payment






