208 Franklin Street $179,900


    208 Franklin Street Norwich, CT 06360

    • 2 Beds
    • 4 Baths
    • 2,124 sq. ft.
    • Multi-Family
    • MLS# 170409750
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    Views: 4 Days On Site: 45

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    Property Details

    Investors and Entrepreneurs take notice!!! This great Mixed Use property has it all. Commercial AND Residential! There are TWO vacant store fronts for you to fill and TWO filled 1 bedroom apartments upstairs where you will get rent from day 1. The current annual gross rent is $15,600 is for apartments only. Both apartments have newer hot water heaters, one installed this week! And they have long term tenants who wish to stay on. Walking distance to a laundry mat across the street. The rear porch has been updated and is built to last! The two store fronts can be used separately or combined into one larger unit. These stores are located at the lights of Oak St, Boswell Ave and Franklin St, which means lots of eyes on your business. Also, it's within walking distance of tons of local restaurants, shops and businesses, this property has already been approved for many uses including (but not limited to) retail store, office, book store, or salon. Basement is used for tenant storage, items in basement do not convey with sale. Property has video surveillance system and fire detection system to convey. Also listed as Commercial MLS#170409413

    • General Features
      • Acres 0.05
      • Bank Owned Property Y/N 0
      • County Or Parish New London
      • Neighborhood Union Square
      • Property Tax $5,136
      • Sq Ft Total 2,124
      • Year Built 1900
      • Zoning CC
    • Building Features
      • Baths Half 2
      • Basement Description Full With Walk-Out, Unfinished, Storage
      • Construction Description Brick,Masonry
      • Cooling System None
      • Exterior Features Porch, Sidewalk
      • Exterior Siding Brick
      • Heat Fuel Type Natural Gas, Oil
      • Heat Type Baseboard, Wall Unit
      • Swimming Pool Y/N 0
    • Property Features
      • Direct Waterfront Y/N 0
      • Driveway Type Shared
      • Garage Parking Info Driveway
      • Waterfront Description Not Applicable
      • Water Source Public Water Connected
      • Sewage System Public Sewer Connected
    • Schools
      • Elementary School Per Board of Ed
      • High School Per Board of Ed



    06360 (Norwich) Demographics

    37 Median Age
    1,379 Population Density (per sq. mile)
    27% College Educated
    $52,275 Estimated Median Income
    7,744 Estimated Total Home Owners
    7,231 Estimated Total Renters
    52% / 48% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    37,153 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $181,250 Median Sales Price
    34 Homes Sold
    64 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $179,900
        7/3/2021 11:34:04 AM Price Reduced Source: Multiple Listing Service New Value: $179,900 -5.27%
        6/12/2021 12:49:00 PM New in Database Source: Multiple Listing Service New Value: $189,900

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.