Recently Listed Open House 5/23 12pm - 1pm
40 Maple Grove Avenue
Norwich, CT, 06360 $ 485,000
Bedrooms4 Baths4.0 Sq 2,543 Monthly Estimate*
$ 2,986
for $485,000 with 4 bedrooms and 4 full baths. This 2,543 square foot home was built in 1881 on a lot size of 0.2.
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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Open House
5/23/2026 12:00 PM - 1:00 PM
40 Maple Grove Avenue Norwich, CT
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralZoning R20
Neighborhood N/A
County New London
Tax Year July 2025-June 2026
Property Type Multi-Family For Sale
Status Active
Acres 0.2
Directions Call Agent
High School Per Board of Ed
City Norwich
Elementary School Per Board of Ed
Sq Ft Total 2543
DOM 1
Year Built 1881
Style Units on different Floors
Year Built Source Public Records
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InteriorCooling System None
Total Number of Units 3
Total Rooms 15
Basement Description Full
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ExteriorWater Source Public Water Connected
Lot Description N/A
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* Excluded FeaturesList ByAnthony VelezListing Agent
Vc Property Group, LlcBroker
anthony.velez@vcpropertygrp.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,986
- Monthly Property Taxes
- $676
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Norwich, CT
Average List Price $445,969
Percent of Sale Price 8%
About Norwich, CT 39,931 Population
11% Since 2002
$ 52,475 Median Income
39.76 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
3092524 Elementary School
1232933 Middle School
Per Board of Ed High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/20/2026 | $485,000 | | Listed Price |