4 months on rocket

220 Franklin St, Norwich, CT, 06360

$260,000

Home List Price

$3,088*

Closing Credit

9 Bedrooms
3 Full Baths
2,416 SqFt
$108/SqFt
Multi

Location

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220 Franklin St, Norwich$260,000

Buyer Closing Credits

$3,088*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingDetached Garage
Garage3 spaces
Year Built1910
HeatingHot Water, Other
CoolingNone
BasementYes
MLS #24041826
Lot Size0.12 Acres
StatusActive

About 220 Franklin St

Investors and homebuyers alike won't want to miss out on this incredible opportunity in northern Norwich - a 3 unit home on Franklin Ave offering nearly 3,000 square feet of living space, separate entry to each unit, ample off-street parking, and a full basement for added storage. Don't let this chance slip away! New sidings, inside all Framed bring your contractor/re-development hat to this great opportunity. Estimated $150k to finish this project.

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Living Area: 2,416 SqFt

Listing Office:

  • Office Name: Real Broker CT, LLC
  • Office Phone: (855) 450-0442
  • Listing Agent: Emilio Encarnacion

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Detached Garage

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Hot Water, Other
  • Cooling: None

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $260,000
  • Price Per SqFt: $108/SqFt

Tax Information:

  • Annual Amount: $4,105
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Norwich, CT.

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Norwich, CT

City

Med. Sold Price

$255.1K

Med. Price/SqFt

$174

# of Sold Homes

43

220 Franklin St vs Norwich

129 DAYS ON ROCKET

$260,000

+$4.8K More

$108/SqFt

-$67 Less

KEY TAKEAWAY

This property is $4.8K more than the Median Sold Price and $67/SqFt less than other homes in Norwich, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24041826

Listing Office:

  • Office Name: Real Broker CT, LLC
  • Office Phone: (855) 450-0442
  • Listing Agent: Emilio Encarnacion

IDXCopyright © 2024 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/30/2024, 11:56:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 12, 2019Home Sold
$38,000
Jun 04, 2002Home Sold
$80,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,105$84,400
2020$4,091$84,400
2019$4,050$84,400
2018$3,857$79,700
2017$3,885$79,700

History based on county public records data.

Payment Calculator

$1,365

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$846

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2252714
4
/10

  • John B. Stanton School

  • 386 New London Tpke

  • 1.49 miles

  • Public District Grades KG-5

school-card-donut-2252715
4
/10

  • Uncas Elementary School

  • 280 Elizabeth Street Ext

  • 1.61 miles

  • Public District Grades KG-5

school-card-donut-2252716
4
/10

  • Veterans' Memorial School

  • 80 Crouch Ave

  • 1.69 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,026. Most Norwich, CT residents have annual incomes between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Connecticut›New London County›Norwich›06360›220 Franklin St

This home is located at 220 Franklin St in Norwich, CT and zip code 06360. This 2,416 square foot home, which was built in 1910, sits on a 0.12 acre lot. Features: 9 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 24, 2024 and is currently priced at $260,000.

Over 26 listings were sold over their listed price in November 2024 in Norwich, CT. In the same period over 10 listings were sold below the listed price and 7 listings were sold for the listed price. Between October 2024 and November 2024, Norwich, CT real estate market has seen decrease in the number of listings by 15.6%.

From Rocket Homes Real Estate and based on county public records data.

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