About 40 Maple Grove Avenue
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.
Features of 40 Maple Grove Avenue
| MLS® # | 24192083 |
|---|---|
| Price | $375,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 2,543 |
| Acres | 0.20 |
| Type | Multi-Family For Sale |
| Sub-Type | 3 Family |
| Style | Units on different Floors |
| Status | Under Contract |
Community Information
| Address | 40 Maple Grove Avenue |
|---|---|
| Area | N/A |
| City | Norwich |
| County | New London |
| State | Connecticut |
| Zip Code | 06360 |
Amenities
| Is Waterfront | No |
|---|---|
| Waterfront | Not Applicable |
| Has Pool | No |
Interior
| Heating | Steam, Oil |
|---|---|
| Cooling | None |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior | Shingle |
|---|---|
| Lot Description | N/A |
| Roof | Asphalt Shingle |
| Foundation | Masonry |
School Information
| Elementary | Per Board of Ed |
|---|---|
| High | Per Board of Ed |
Additional Information
| Date Listed | July 16th, 2026 |
|---|---|
| Days on Market | 9 |
| Zoning | R20 |
| RE / Bank Owned | No |
Listing Details
| Office | VC Property Group, LLC |
|---|