40 Maple Grove Avenue, Norwich, CT 06360

Norwich
Local realty services provided by:Better Homes and Gardens Real Estate Gaetano Marra Homes
40 Maple Grove Avenue,Norwich, CT 06360
$375,000
  • 4 Beds
  • 4 Baths
  • 2,543 sq. ft.
  • Multi-family
  • Pending
Listed by: anthony velez(860) 300-3102
Office: vc property group, llc(860) 300-3102
MLS#:24192083
Source:CT

Price summary

  • Price:$375,000
  • Price per sq. ft.:$147.46

About this home

11 CAP with 20% ROI. 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. Market rents are supported with many comps at $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. Ideal opportunity for investors or owner-occupants seeking charm, flexibility, and long-term upside in a highly desirable location.

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Home facts

  • Year built:1881
  • Listing ID #:24192083
  • Added:5 day(s) ago
  • Updated:July 22, 2026 at 01:43 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
  • Sewer:Public Sewer Connected

Finances and disclosures

  • Price:$375,000
  • Price per sq. ft.:$147.46
  • Tax amount:$6,844 (July 2026-June 2027)
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