40 Maple Grove Avenue, Norwich, CT, 06360 | $485,000

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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