$86,362*
●
Commercial -
Off Market
71 Franklin Street
Norwich, CT 06360
Studio
0 Bath
2214 Sqft
$50,000 - $60,000
Reference Base Price*
46.38%
Since Dec 1, 2019
National-US
Primary Model
About This Property
Excellent opportunity for downtown business/office with rental
income from large 2nd floor apartment. Recent major improvements
include roof, siding, windows. Structurally secured with new
supports, carrying beams and floor joists. All new sub flooring and
framing. All work done to code with permits. Needs plumbing,
electric, heating and finish work.
The manager has listed the unit size as 2214 square feet.
The manager has listed the unit size as 2214 square feet.
Unit Size
2,214Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$27
Property Type
Commercial
Property Taxes
$5,615
HOA Dues
-
Year Built
1875
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 1, 2019 | No longer available | - | |
| No longer available | |||
| May 24, 2019 | Price Decreased |
$59,000
↓ $10K
(14.5%)
|
|
| Price Decreased | |||
| Apr 15, 2019 | Listed | $69,000 | |
| Listed | |||
Property Highlights
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
2
Beds
1
Bath
600 ft²
$88/ft²
$52,500
Jun 28, 2023
$52,500
Aug 31, 2023
$577/mo
In Contract
Multifamily
6
Beds
2
Baths
2,405 ft²
$27/ft²
$65,000
Dec 1, 2022
-
$285/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
