This mixed-use property is ready for transformation, with both floors stripped down to the bones and awaiting your creative touch. The first floor offers a spacious commercial area ideal for retail, office, or any business venture, while the second floor features a three-bedroom apartment layout, providing an opportunity to design your dream living space or generate rental income. Included with the property are essential materials, such as sheetrock, wood, and insulation, allowing you to jumpstart the build-out. Offered at an attractive price, this property is perfect for those looking to craft a unique, personalized space. Embrace the potential and make it yours!
Property Details
Property Features
Property Information:
Year Built: 1875
Living Area: 2,569 SqFt
Listing Office:
Office Name: YellowBrick Real Estate LLC
Office Phone: (203) 445-6949
Listing Agent: Maria Prussin
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Attached Garage: No
Parking: None
Lot Features
Lot Information:
Lot Size: 0.11 Acres
Utilities
Utilities Information:
Heating: Hot Water
Cooling: None
School Info
Assigned Schools Information:
Kelly Middle School, Public District Grades 6-8
John M. Moriarty School, Public District Grades KG-5
Other
Directions Information:
Directions: GPS friendly
Price Information
Listing Price Info
Price Summary:
List Price: $120,000
Price Per SqFt: $47/SqFt
Tax Information:
Annual Amount: $5,691
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Norwich, CT.
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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.
Elementary School
3
/10
John M. Moriarty School
20 Lawler Ln
Distance between this listing and this school3.26 miles
Public District Grades KG-5
Middle School
3
/10
Kelly Middle School
25 Mahan Dr
Distance between this listing and this school1.68 miles
Public District Grades 6-8
Assigned Schools
3
/10
John M. Moriarty School
20 Lawler Ln
Distance between this listing and this school3.26 miles
Public District Grades KG-5
Nearby Schools
4
/10
Uncas School
280 Elizabeth St Extensi
Distance between this listing and this school1.46 miles
Public District Grades KG-5
4
/10
John B. Stanton School
386 New London Tpke
Distance between this listing and this school1.52 miles
Public District Grades PK-5
Assigned Schools
3
/10
Kelly Middle School
25 Mahan Dr
Distance between this listing and this school1.68 miles
Public District Grades 6-8
Nearby Schools
5
/10
Integrated Day Charter School
68 Thermos Ave
Distance between this listing and this school1.08 miles
Public Charter Grades PK-8
3
/10
Teachers' Memorial Middle School
15 Teachers Dr
Distance between this listing and this school1.28 miles
Public District Grades 6-8
Nearby Schools
3
/10
Norwich Free Academy
305 Broadway
Distance between this listing and this school0.88 miles
Public District Grades 9-12
9
/10
Three Rivers Middle College Magnet School
574 New London Tpke
Distance between this listing and this school1.92 miles
Public Magnet Grades 11-12
7
/10
Norwich Technical High School
590 New London Tpke
Distance between this listing and this school1.98 miles
The neighbors living near this home have an average income of $38,796. Residents of Norwich, CT typically earn less than $35k each year. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
This home is located at 71 Franklin St in Norwich, CT and zip code 06360. This 2,569 square foot home, which was built in 1875, sits on a 0.11 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 26, 2024 and is currently priced at $120,000.
In September 2024 more than 21 listings in Norwich, CT were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 10 were sold below. Between August 2024 and September 2024, Norwich, CT real estate market has seen decrease in the number of listings by 0.5%. While the average time on the market in September 2024 was 20 days, the median list price was $252,750.
From Rocket Homes Real Estate and based on county public records data.