New Listing - 04/05/2025
40 East Maple Street, New Canaan, CT, 06840
9 rooms
4 beds
3 Full baths
1930
Units on different Floors
2,812 sqft
In-town colonial charmer with income Potential & single-family flexibility. Nestled on a quiet residential street in the heart of town, this classic two-family colonial offers timeless charm, impressive flexibility, and a truly rare investment opportunity. With its high ceilings, oversized windows, and sun-filled rooms, this home effortlessly blends historic character with everyday functionality. Currently configured as a legal two-family residence, the property includes a versatile studio/home office space above a two-car garage-ideal for a remote work setup, guest suite, or potential in-law/nanny suite. The home's layout allows for easy conversion into a spacious single-family residence, making it perfect for a variety of lifestyle needs, whether you're looking to grow, downsize, or generate rental income. This property has delivered consistent, dependable rental income for 20 years. Live in one unit and rent the other, or lease both for maximum return. The private fenced yard is a serene escape, framed by mature trees and gardens, offering both tranquility and convenience. Located just steps from the new world-class library, shops, restaurants, movie theater, Metro-North train station, and top-rated schools, this property truly delivers the best of in-town living. Whether you're starting out, investing, or retiring, this home presents a unique opportunity to build equity in a highly desirable location. Don't miss your chance to own this one-of-a-kind gem! 40 East Maple Street is a well-maintained property featuring two brand-new, top-of-the-line oil tanks installed in February 2025, one new oil burner, and two recently updated hot water tanks. Occupancy: All current leases are in place through June 30, 2025. Financials: Rental income and security deposits will be transferred to the new owner at closing.
Status:
Active
Type:
Multi-family
Laundry Remarks:
Basement Hook-Up(s),Washer/Dryer Some Units
Units:
2
Zoning:
BRES
Garage:
2-car Detached Garage, Assigned Parking, Driveway
Heating:
Baseboard, Hot Air
Cooling:
Window Unit
Basement:
Full, Unfinished, Shared Basement, Sump Pump, Storage, Interior Access, Concrete Floor
Parking:
6-car
Acreage:
0.22
Est. Taxes:
$12,567
Assessment
$778,610
Lot Description:
Level Lot
Elementary School:
South
Middle School:
Saxe Middle
High School:
New Canaan
Days on Market:
5
MLS #:
24085575