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.
Under contract
$375,000
40 Maple Grove Avenue, Norwich, CT 06360
4beds
2,543sqft
Multi Family
Built in 1881
-- sqft lot
$-- Zestimate®
$147/sqft
$-- HOA
What's special
- 50 days
- 136
- 4
Zillow last checked:
Listing updated:
Listed by:
Anthony Velez (860)300-3102,
VC Property Group, LLC 860-300-3102
Source: Smart MLS,MLS#: 24192083
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Steam, Oil
Cooling
- None
Appliances
- Included: Water Heater
Features
- Basement: Full
- Attic: None
- Number of fireplaces: 1
Interior area
- Total structure area: 2,543
- Total interior livable area: 2,543 sqft
- Finished area above ground: 2,543
Property
Lot
- Size: 8,712 Square Feet
Details
- Parcel number: 2032281
- Zoning: R20
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Shingle Siding
- Foundation: Masonry
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1881
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Norwich
Financial & listing details
- Price per square foot: $147/sqft
- Tax assessed value: $200,400
- Annual tax amount: $6,844
- Date on market: 7/16/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Pending sale | $375,000$147/sqft |
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| 7/30/2026 | Listed for sale | $375,000$147/sqft |
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| 7/21/2026 | Pending sale | $375,000$147/sqft |
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| 7/17/2026 | Listed for sale | $375,000-13.8%$147/sqft |
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| 7/16/2026 | Listing removed | $435,000$171/sqft |
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| 6/2/2026 | Listed for sale | $435,000-10.3%$171/sqft |
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| 6/2/2026 | Listing removed | $485,000$191/sqft |
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| 4/10/2026 | Listed for sale | $485,000$191/sqft |
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| 4/1/2026 | Listing removed | $485,000$191/sqft |
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| 2/25/2026 | Listed for sale | $485,000$191/sqft |
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| 2/19/2026 | Pending sale | $485,000$191/sqft |
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| 2/9/2026 | Listed for sale | $485,000$191/sqft |
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| 1/31/2026 | Listing removed | $485,000$191/sqft |
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| 1/7/2026 | Listed for sale | $485,000$191/sqft |
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| 1/7/2026 | Listing removed | $485,000$191/sqft |
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| 10/29/2025 | Listed for sale | $485,000+101.9%$191/sqft |
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| 6/8/2023 | Sold | $240,160-84.5%$94/sqft |
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| 5/31/2023 | Pending sale | $1,550,000$610/sqft |
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| 5/3/2023 | Contingent | $1,550,000$610/sqft |
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| 4/17/2023 | Listed for sale | $1,550,000+416.7%$610/sqft |
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| 6/25/2021 | Sold | $300,000+172.7%$118/sqft |
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| 6/1/2015 | Sold | $110,000-10.2%$43/sqft |
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| 5/19/2015 | Pending sale | $122,500$48/sqft |
Source: Homepath #E10027736 Report a problem | ||
| 5/13/2015 | Listed for sale | $122,500$48/sqft |
Source: Homepath #E10027736 Report a problem | ||
| 4/15/2015 | Pending sale | $122,500$48/sqft |
Source: Homepath #E10027736 Report a problem | ||
| 3/16/2015 | Listed for sale | $122,500+26.3%$48/sqft |
Source: RE/MAX Realty Group #E10027736 Report a problem | ||
| 11/24/1993 | Sold | $97,000$38/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,110 +5.9% | $200,400 |
| 2024 | $7,655 +41.3% | $200,400 +79.2% |
| 2023 | $5,417 -0.1% | $111,800 |
| 2022 | $5,420 +6.3% | $111,800 +6.7% |
| 2021 | $5,097 +0.3% | $104,800 |
| 2020 | $5,080 +1% | $104,800 |
| 2019 | $5,029 -7.5% | $104,800 -6.8% |
| 2018 | $5,439 -0.7% | $112,400 |
| 2017 | $5,478 +1.4% | $112,400 |
| 2015 | $5,402 +4.2% | $112,400 -0.4% |
| 2014 | $5,185 -16.3% | $112,900 -41.2% |
| 2013 | $6,196 +3.8% | $192,000 |
| 2012 | $5,971 +7.9% | $192,000 |
| 2011 | $5,535 +2.9% | $192,000 |
| 2010 | $5,380 +3.4% | $192,000 |
| 2009 | $5,205 +22.7% | $192,000 +34.3% |
| 2008 | $4,241 -11% | $143,000 |
| 2007 | $4,765 +4.1% | $143,000 |
| 2006 | $4,579 +4.1% | $143,000 |
| 2005 | $4,397 +52.9% | $143,000 +109.4% |
| 2003 | $2,876 +23.1% | $68,300 |
| 2001 | $2,336 | $68,300 |
Find assessor info on the county website
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