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Sold for $1,530,000 on 05/29/25
  • $1,530,000

    40 East Maple Street, New Canaan, CT 06840

    3beds
    2,084sqft
    Multi Family
    Built in 1930
    -- sqft lot
    $1,531,400 Zestimate®
    $734/sqft
    $4,459 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: June 02, 2025 at 10:11am

    Listed by:

    Laura Danforth,

    William Raveis Real Estate

    Bought with:

    Elizabeth W. Rowley, REB.0750586

    Connecticut Homes & Estates

    Source: Smart MLS,MLS#: 24085575MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Baseboard, Forced Air, Electric, Oil
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Water Heater
    • Laundry: In Basement, In Unit
    Features
    • Smart Thermostat
    • Basement: Full,Unfinished,Shared Basement,Sump Pump,Storage Space,Interior Entry,Concrete
    • Attic: Storage,Partially Finished,Floored,Walk-up
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 2,084
    • Total interior livable area: 2,084 sqft
    • Finished area above ground: 2,084
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 6
    • Parking features: Detached, Assigned, Driveway, Private, Asphalt
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Multiple Entries/Exits
    Features
    • Patio & porch: Deck
    Lot
    • Size: 9,583 sqft
    • Features: Level
    Details
    • Parcel number: 186458
    • Zoning: BRES

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units on different Floors
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Wood Siding
    • Foundation: Concrete Perimeter, Stone
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Golf, Health Club, Library, Park, Pool, Public Rec Facilities, Stables/Riding, Tennis Court(s)
    Location
    • Region: New Canaan
    Services availability
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