40 Maple Grove Avenue, Norwich, CT 06360
Local realty services provided by:CENTURY 21 Alliance Realty Group
40 Maple Grove Avenue,Norwich, CT 06360
$485,000
- 4 Beds
- 4 Baths
- 2,543 sq. ft.
- Multi-family
- Active
Upcoming open houses
- Thu, May 2105:00 pm - 06:00 pm
- Sat, May 2312:00 pm - 01:00 pm
Listed by: anthony velez(860) 300-3102
Office: vc property group, llc(860) 300-3102
MLS#:24177076
Source:CT
Price summary
- Price:$485,000
- Price per sq. ft.:$190.72
About this home
Charming three-family property situated along the scenic Heritage Trail with peaceful views of the Yantic River in Norwich. This unique multifamily asset blends classic New England character with strong owner-occupant or investment potential. Featuring beautiful stone and shingle architecture, the property is surrounded by mature landscaping, a large park-like yard, and a tranquil setting just moments from downtown amenities, parks, and walking trails. The property includes spacious units with abundant natural light, updated mechanicals, a newer roof, on-site laundry, a detached two-car garage, and ample off-street parking. Current market rents are projected at approximately $2,000, $1,600, and $1,500 per month. Additionally, the property features an in-law suite with a separate entrance, creating the potential for a fourth unit configuration with projected market rents of approximately $1,600, $1,600, $1,500, and $1,200 per month. Ideal opportunity for investors or owner-occupants seeking charm, flexibility, and long-term upside in a highly desirable location. Whichever configuration is selected, buyers have the opportunity to acquire one of the highest-yielding multifamily properties on the market as of May 2026. Call today - this opportunity will not last long....
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Home facts
- Year built:1881
- Listing ID #:24177076
- Added:1 day(s) ago
- Updated:May 21, 2026 at 10:40 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:15
- Basement Description:Full Basement
- Living area:2,543 sq. ft.
Heating and cooling
- Heating:Steam
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1881
- Building area:2,543 sq. ft.
- Lot area:0.2 Acres
- Construction Materials:Shingle
Schools
- High school:Per Board of Ed
- Elementary school:Per Board of Ed
Utilities
- Water:Public Water Connected
Finances and disclosures
- Price:$485,000
- Price per sq. ft.:$190.72
- Tax amount:$8,110 (July 2025-June 2026)
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