$120,000
↓ $5K (4%)
●
Commercial -
For Sale
71 Franklin Street
Norwich, Connecticut 06360
Studio
0 Bath
3676 Sqft
$1,064
Estimated Monthly
$0
HOA / Fees
8.76%
Cap Rate
About This Property
Mixed use property with lots of potential. Commercial First floor -
1,080 ft Residential Second floor 1,258 ft. Located next to other
growing business opportunities in the Norwich area. Schedule an
appointment today to learn more! This property would be great for a
seasoned investor. The seller is highly motivated!
Unit Size
3,676Ft²
Days on Market
96 days
Land Size
0.11 acres
Price per sqft
$33
Property Type
Commercial
Property Taxes
$474
HOA Dues
-
Year Built
1875
Listed By
Last updated: 17 days ago (Smart MLS #170621149)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 14, 2024 | Price Decreased |
$120,000
↓ $5K
(4%)
|
|
| Price Decreased | |||
| Jan 25, 2024 | Listed by Berkshire Hathaway NE Prop. | $125,000 | |
| Listed by Berkshire Hathaway NE Prop. | |||
Property Highlights
Parking Available
Parking Details
Garage Features: On Street Parking
Interior Details
Interior Information
Square Feet Source: Approximate
Exterior Details
Property Information
Road Frontage: Municipal Street
Year Built: 1875
Building Information
Foundation Type: Stone
Roof: Asphalt Shingle
Financial Details
Property Tax: $5,691
Tax Year: July 2023-June 2024
Assessed Value: $117,000
Utilities Details
Cooling Type: None
Heating Type: No Heat
Heating Fuel: Other
Sewage System: Public Sewer In Street, None
Water Source: Public Water In Street, None
71 Franklin Street
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
House
4
Beds
1
Bath
1,560 ft²
$96/ft²
$150,000
Nov 9, 2023
$150,000
Dec 22, 2023
$379/mo
In Contract
Multifamily
6
Beds
2
Baths
1,596 ft²
$94/ft²
$150,000
Sep 10, 2023
-
$304/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
02/20/2021
|
|
Loft
|
-
|
2569 ft²
|
$125,000
Loft
-
2569 ft²
|
-
-
|
-
|
Steven W Rivkin
Planet Realty, LLC
|
|
04/15/2019
|
|
Studio
|
-
|
2214 ft²
|
$69,000
Studio
-
2214 ft²
|
-
-
|
-
|
-
|
Building Info
About Norwich
Similar Homes for Sale
Nearby Rentals
Listed by: Serg St. Felix
Berkshire Hathaway NE Prop.
Last Updated: 17 days ago
Data Source: Smart MLS, MLS# 170621149
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Berkshire Hathaway NE Prop.
Last Updated: 17 days ago
Data Source: Smart MLS, MLS# 170621149
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
