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7 Baltic Road

Franklin, Connecticut 06254

ACTIVE$449,000

Reduced from $488,000

Beds
8
Baths
2
SqFt
7,612
Acres
0.83
Year Built
1842
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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4-Car GaragePrice Reduced

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

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

Property + 11 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$3,011

per 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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Listed By

Richard Bates

(860) 917-9111

CENTURY 21 Shutters & Sails

(860) 331-1510

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.