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Sold for $380,000
  • $380,000

    40 Maple Grove Avenue, Norwich, CT 06360

    4beds
    2,543sqft
    Multi Family
    Built in 1881
    -- sqft lot
    $382,600 Zestimate®
    $149/sqft
    $2,023 Estimated rent

    Home value

    $382,600

    $352,000 - $417,000

    $2,023/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Anthony Velez (860)300-3102,

    VC Property Group, LLC 860-300-3102

    Bought with:

    Chad Eairheart, RES.0831075

    Carl Guild & Associates

    Source: Smart MLS,MLS#: 24192083MLS Logo

    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: $149/sqft
    • Tax assessed value: $200,400
    • Annual tax amount: $6,844
    • Date on market: 7/16/2026

    Price history

    DateEventPrice
    9/3/2026Sold$380,000+1.3%$149/sqft
    Source: Smart MLS #24192083 Report a problem
    8/4/2026Pending sale$375,000$147/sqft
    Source: Smart MLS #24192083 Report a problem
    7/30/2026Listed for sale$375,000$147/sqft
    Source: Smart MLS #24192083 Report a problem
    7/21/2026Pending sale$375,000$147/sqft
    Source: Smart MLS #24192083 Report a problem
    7/17/2026Listed for sale$375,000-13.8%$147/sqft
    Source: Smart MLS #24192083 Report a problem
    7/16/2026Listing removed$435,000$171/sqft
    Source: Smart MLS #24180358 Report a problem
    6/2/2026Listed for sale$435,000-10.3%$171/sqft
    Source: Smart MLS #24180358 Report a problem
    6/2/2026Listing removed$485,000$191/sqft
    Source: Smart MLS #24177076 Report a problem
    4/10/2026Listed for sale$485,000$191/sqft
    Source: Smart MLS #24166241 Report a problem
    4/1/2026Listing removed$485,000$191/sqft
    Source: Smart MLS #24153292 Report a problem
    2/25/2026Listed for sale$485,000$191/sqft
    Source: Smart MLS #24153292 Report a problem
    2/19/2026Pending sale$485,000$191/sqft
    Source: Smart MLS #24153292 Report a problem
    2/9/2026Listed for sale$485,000$191/sqft
    Source: Smart MLS #24153292 Report a problem
    1/31/2026Listing removed$485,000$191/sqft
    Source: Smart MLS #24147715 Report a problem
    1/7/2026Listed for sale$485,000$191/sqft
    Source: Smart MLS #24147715 Report a problem
    1/7/2026Listing removed$485,000$191/sqft
    Source: Smart MLS #24136744 Report a problem
    10/29/2025Listed for sale$485,000+101.9%$191/sqft
    Source: Smart MLS #24136744 Report a problem
    6/8/2023Sold$240,160-84.5%$94/sqft
    Source: Smart MLS #170561642 Report a problem
    5/31/2023Pending sale$1,550,000$610/sqft
    Source: Berkshire Hathaway HomeServices New England Properties #170561642 Report a problem
    5/3/2023Contingent$1,550,000$610/sqft
    Source: Berkshire Hathaway HomeServices New England Properties #170561642 Report a problem
    4/17/2023Listed for sale$1,550,000+416.7%$610/sqft
    Source: Smart MLS #170561642 Report a problem
    6/25/2021Sold$300,000+172.7%$118/sqft
    Source: Smart MLS #170393050 Report a problem
    6/3/2015Sold$110,000-10.2%$43/sqft
    Source: Public Record Report a problem
    5/19/2015Pending sale$122,500$48/sqft
    Source: Homepath #E10027736 Report a problem
    5/13/2015Listed for sale$122,500$48/sqft
    Source: Homepath #E10027736 Report a problem
    4/15/2015Pending sale$122,500$48/sqft
    Source: Homepath #E10027736 Report a problem
    3/16/2015Listed for sale$122,500+26.3%$48/sqft
    Source: RE/MAX Realty Group #E10027736 Report a problem
    11/24/1993Sold$97,000$38/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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

    Neighborhood: 06360

    Nearby schools

    GreatSchools rating
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