7 Baltic Road
Franklin, Connecticut 06254
Reduced from $488,000
- Beds
- 8
- Baths
- 2
- SqFt
- 7,612
- Acres
- 0.83
- Year Built
- 1842
- Property Type
- Single Family

Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
About This Home
A world of opportunities awaits at this extraordinary property. Envision transforming this historic gem into a thriving single family home, multifamily home, commercial venture, or a unique blend of both. The property's solid bones provide an excellent foundation for renovation. The plaster walls and wide plank hardwood flooring are in remarkable condition and protected by a brand new roof. Some paint and attention to detail would bring this place back to a magical time in its history. There is an expansive 2000 square foot open floor space that is perfect for crafting a dream business or entertainment area. The third floor is a blank canvas, ready for your creative vision. A panoramic 'widow's watch' offers a serene retreat. The property also features a spacious 25'x35' two-story garage with heating and insulation. With an estimated 12,000 vehicles passing by daily, the potential for commercial success is substantial, particularly with the upper apartment. This rare opportunity is perfect for forward-thinking individuals or businesses.
Key Facts
- City/Town
- Franklin
- Neighborhood
- N/A
- Property / Style
- Single Family · Other
- Year Built
- 1842
- Days on Market
- 82 days
- Beds
- 8
- Baths
- 2 full
- Living Area
- 7,612 sq ft
- Lot Size
- 0.83 acres
- Garage / Parking
- 4 garage · 15 total
- Property Taxes
- $6,868 / Annually
Market Snapshot
The Franklin Market
Single Family · trailing 12 months
Active Listings
6
4 under contract
Median List Price
$374,950
6 active listings
Median Closed Price
$440,000
15 sales
Median Days on Market
52
6 active listings
Median $ / Sq Ft
$235
6 active listings
Sale-to-List Ratio
101.1%
15 sales
How this home compares
List Price
$449,000
vs $374,950 median
19.7% above median
Price / Sq Ft
$59
vs $235 median
74.9% below median
Days on Market
82 days
vs 52 days median
30 days longer than median
Based on 6 active and 15 closed sales (trailing 12 mo) of single family in Franklin. Source: SmartMLS · As of July 28, 2026.
Location
7 Baltic Road, Franklin, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$2,289
- Property Taxes$572
- Insurance$150
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Franklin
- Neighborhood
- N/A
- County
- New London
Residence
- Property Type
- Single Family
- Style
- Other
- Year Built
- 1842
- New Construction
- No/Resale
- Living Area
- 7,612 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Hot Air
- Heat Fuel
- Other
- Cooling
- None
- Appliances
- None
- Basement
- Full
Exterior & Lot
- Lot Size
- 0.83 acres
- Zoning
- C-2
- Garage / Parking
- 4 garage spaces15 total parking spacesDetached GarageDrivewayPrivate
- Waterfront Details
- Not Applicable
- Water Source
- Private Well
- Sewer
- Septic
- Construction
- Clapboard
- Roof
- Asphalt Shingle
- Foundation
- Masonry
- Lot Description
- Fence - PartialCleared
Listing & Financials
- Property Taxes
- $6,868 / Annually
- Days on Market
- 82
- MLS #
- 24173496
- MLS Status
- Active
Similar Properties
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This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 7/28/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.
Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.
Data last updated on 7/28/2026 at 6:55 AM UTC.