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$380,000
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Property Description
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.
Full Property Details
Full Property Details for 40 Maple Grove Ave
General
- Sold For: $380,000
- Taxes: (July 2026-June 2027)
- Status: Closed
- Type: Multi-Family
- Source: SMARTMLS
- MLS ID: 24192083
- Added to Site: 91 day(s) ago
Interior
- Number of Rooms: 15
- Fireplace: Yes
- Number of Fireplaces: 1
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Location
- County: New London
- Driving Directions: Call Agent
School Information
- Elementary School: Per Board of Ed
- High School: Per Board of Ed
Heating & Cooling
- Cooling Type: None
- Heating Type: Steam, Oil
- Heating Fuel: Oil
- Water Heater: Upright Tank
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
Structural Information
- Architectural Style: Units on different Floors
- Construction Status: No/Resale
- Exterior Const.: Shingle
- Basement Desc.: Full
- Roof: Asphalt Shingle
- Square Feet: 2,543
- Above Ground: 2,543 Sq. Ft.
- Year Built: 1881
Unit Information
Unit 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.2
- Zoning: R20
- Lot Description: N/A
Financial Considerations
- Assessment Amount: $200,400
- Tax Year: July 2026-June 2027
Disclosures and Reports
- Property ID: 2032281
Listed by VC Property Group, LLC, Anthony Velez
Sold by Carl Guild & Associates, Chad Eairheart
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Schools
Schools serving 40 Maple Grove Ave
School District:Norwich School District
| Name | Grades | Distance |
|---|---|---|
Samuel Huntington School 80 West Town Street, Norwich, CT 06360 | PK-5 | 1.8 mi |
Kelly Middle School 25 Mahan Drive, Norwich, CT 06360 | 6-8 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40 Maple Grove Ave
Date
Details
Price
Change
Source
9/03/2026
Sold
$380,000
1.33%
MLS
7/16/2026
Listed
$375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
40 Maple Grove Avenue, Norwich, CT 06360 (MLS# 24192083) is a Multi-Family property that was sold at $380,000 on September 03, 2026. Want to learn more about 40 Maple Grove Avenue? Do you have questions about finding other Multi-Family real estate for sale in Norwich? You can browse all Norwich real estate or contact a Coldwell Banker agent to request more information.

