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    220 Franklin St Norwich, CT 06360

    Pending
    For Sale
    $240,000

    3 Family, 3updown - Unit(s) Per Floor - Norwich, CT

    Property size:
    2,416 SF
    Lot size:
    0.12 Acres
    Days on Market:
    12
    Last Refresh:
    Dec 14 at 5:06 am

    Property Features for 220 Franklin St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    CC
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    9
    Bathrooms
    3
    APN
    2031788
    Parking features
    Garage, Garage - Detached
    Basement Y/N
    1
    Size
    2,416 SF
    Lot size
    0.12 Acres

    Utilities

    Heating system
    Hot Water (Heating), Other (Heating)
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1910
    Building materials
    Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Real Broker CT, LLC (855) 450-0442 [email protected]

    Listing agent Emilio Encarnacion (855) 450-0442

    Listing date Dec 3, 2025

    MLS# 24102803 Listing URL

    Copyright © 2025 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Norwich Triplex with Redevelopment Potential

    Located in northern Norwich, this triplex on Franklin Avenue presents an opportunity for investors and homebuyers. The property features approximately 2,416 square feet of living space, with each unit having a separate entry. Ample off-street parking is available, and a full basement provides additional storage. The building has new sidings, and the interior is framed, requiring completion by a contractor. The lot size is 0.12 acres. The property is zoned CC.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Norwich
    County
    New London
    State
    Connecticut
    Longitude
    -72.0736
    Latitude
    41.52831

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    FAQs

    What type of property is this?
    Triplex - Three-unit home in Norwich, offering redevelopment potential and ample parking.
    Where is this triplex located?
    The property is located at 220 Franklin St Norwich, CT.
    What is the asking price?
    The asking price for this property is $240,000.
    What are key features of this property?
    This property features: - Three-unit home offering investment or owner-occupancy potential.; - Nearly 3,000 sq ft of living space.; - Separate entry for each unit.
    (855) 450-0442
    Request Owner's contact information
    220 Franklin St Norwich, CT 06360
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    Norwich, CT 06360
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    220 Franklin St Norwich, CT 06360
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