40 Maple Grove Avenue, Norwich, CT 06360 (MLS # 24177076)
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.
Property Type(s):
Multi Family
|
Last Updated
|
5/20/2026
|
Year Built
|
1881
|
|
County
|
New London
|
SCHOOLS
| Elementary School |
Per Board of Ed |
| High School |
Per Board of Ed |
Additional Details
| AIR |
None |
| BASEMENT |
Full, Yes |
| CONSTRUCTION |
Frame, Shingle Siding |
| FIREPLACE |
Yes |
| HEAT |
Oil, Steam |
| LOT |
8712 sq ft |
| SEWER |
Public Sewer |
| STYLE |
Units on different Floors |
| TAXES |
8110 |
| WATER |
Public |
| ZONING |
R20 |
Location
Listing courtesy of VC Property Group, LLC
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This IDX solution is (c) Diverse Solutions 2026.