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40 Maple Grove Avenue

Norwich, CT 06360
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Bed 4

Bed

Bath 4

Bath

SqFt2,543

Sqft

Acres0.20

Acre(Lot)

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 sepa rate 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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Detail Ic Property Details

Property Type : Residential Income

Price : $375,000

AD Id : 88161320

MLS Id : 24192083

Beds : 4

Lot Size : 0.20 Acre

Living Area Size : 2,543

Year Built : 1881

County : New London

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Room Information

    Rooms Total: 15 Has Basement: Yes Basement: Full
  • Roofing Information

    Asphalt
  • Interior Features

    Roof: Asphalt
  • Heating & Cooling

    Has Heating: Yes Heating: Oil, Steam Cooling: None

  • Building Information

    Year Built: 1881 Building Area Total: 2543 Construction Materials: Shingle Siding, Frame Private Pool: No

  • Lot Information

    Lot Size Acres: 0.2

  • Listing Price Information

    Listing Price: $375000

  • Tax Information

    Parcel Number: 2032281 Annual Tax: $8110

  • School Information

    Elementary School: Per Board of Ed
    Junior High School:
    Senior High School: Per Board of Ed
  • Location Information

    Direction: Call Agent WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
361 Central Avenue, Norwich, CT, 06360 $230,000 8 4 3,047 3,047 SqFt
617 E Main Street, Norwich, CT, 06360 $275,000 5 2 2,512 2,512 SqFt
531-545 Boswell Avenue, Norwich, CT, 06360 $1,250,000 16 16 8,585 8,585 SqFt
57-59 Tenth Street, Norwich, CT, 06360 $400,000 4 2 1,901 1,901 SqFt
40 Convent Avenue, Norwich, CT, 06360 $390,000 6 3 2,766 2,766 SqFt
116 Taftville Occum Road, Norwich, CT, 06360 $410,000 6 3 2,641 2,641 SqFt
100-102 Taftville Occum.., Norwich, CT, 06360 $290,000 4 2 1,800 1,800 SqFt
77 Taftville Occum Road, Norwich, CT, 06360 $268,000 4 2 1,518 1,518 SqFt
11 Division Street, Norwich, CT, 06360 $50,000 4 2 2,130 2,130 SqFt
35 Lake Street, Norwich, CT, 06360 $299,000 9 3 2,040 2,040 SqFt

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

ByOwner last updated this listing 07/18/2026 @ 03:47

MLS: 24192083 LISTED BY: Anthony Velez, VC Property Group, LLC SOURCE: SmartMLS

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