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40 River Avenue

Norwich, CT 06360
  • $242,500
  • STATUS: Active
  • ON SITE: 14 Days
  • MLS #: 24196250
UPDATED: 57 min ago
$242,500
  • 3
    BEDS
  • 0.21
    ACRES
  • 1
    BATHS
  • 2
    1/2 BATHS
  • 2,435
    SQFT
  • $100
    $/SQFT
Type:
Single-Family Home
Built:
1860
County:
Area:

School Information

Elementary School:
High School:

Description

Rare investment opportunity! This Victorian-style property is being sold together with an adjacent vacant residential lot offering beautiful views of the Thames River. The home features two kitchens, oil heat, an updated electrical panel, and a detached two-car garage, providing an excellent foundation for a renovation project. Major improvements have already begun, including roughed-in electrical and a first floor bathroom with new studs and drywall. The second-floor bathroom has been gutted to the studs and is ready for your finishing touches. The property requires a new furnace, cosmetic updates throughout, and completion of the kitchens and bathrooms, making it an ideal project for investors, builders, or owner occupants looking to build equity. Included in the sale is 41 River Ave, a separate 5,227 SF (.12-acre) residential lot with scenic Thames River views. The previous owner envisioned a waterfront-view porch and patio overlooking the river. While the lot will require significant landscaping due to its slope, it offers outstanding potential to create a one-of-a-kind outdoor retreat or future homesite. Don't miss this unique chance to own a renovation project plus an additional buildable lot with water views in one package! Sale dependent upon the contract owner's ability to take title.

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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 SmartMLS, Inc. Data last updated: 2026-08-19T12:10:11.813.
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40 River Avenue Norwich, CT 06360

  • Price: $242,500
  • Status: Active
  • On Site: 14 Days
  • Updated: 57 min ago
  • MLS #: 24196250
3
Beds
1
Baths
2
½ Baths
0.21
Acres
2,435
SQFT
$100
$/SQFT
1860
Built
County:
New London
Area:
Norwich
Elementary School:
Veterans Memorial
High School:
Norwich Free Academy
Property Description
Rare investment opportunity! This Victorian-style property is being sold together with an adjacent vacant residential lot offering beautiful views of the Thames River. The home features two kitchens, oil heat, an updated electrical panel, and a detached two-car garage, providing an excellent foundation for a renovation project. Major improvements have already begun, including roughed-in electrical and a first floor bathroom with new studs and drywall. The second-floor bathroom has been gutted to the studs and is ready for your finishing touches. The property requires a new furnace, cosmetic updates throughout, and completion of the kitchens and bathrooms, making it an ideal project for investors, builders, or owner occupants looking to build equity. Included in the sale is 41 River Ave, a separate 5,227 SF (.12-acre) residential lot with scenic Thames River views. The previous owner envisioned a waterfront-view porch and patio overlooking the river. While the lot will require significant landscaping due to its slope, it offers outstanding potential to create a one-of-a-kind outdoor retreat or future homesite. Don't miss this unique chance to own a renovation project plus an additional buildable lot with water views in one package! Sale dependent upon the contract owner's ability to take title.
Exterior Features

Direct Waterfront YN No Exterior Siding Shingle Garage And Parking Detached GarageOther Lot Description Water View Parking Total Spaces 2 Roof Information Asphalt Shingle Style Victorian Swimming Pool YN No Waterfront Description Not Applicable

Interior Features

Appliances Included Refrigerator Attic YN No Basement Description Partial Cooling System None Fireplaces Total 0 Heat Type Other Living Area SQFTPer Public Record 2435 Rooms Primary Bedroom (Upper Level) Bedroom (Upper Level) Living Room (Main Level) Bedroom (Upper Level) Sq Ft Est Heated Above Grade 2435 Total Rooms 10

Property Features

Agent Owner YN No Bank Owned Property No Foundation Type None Home Owners Assocation No Home Warranty Offered YN No Hot Water Description Other New Construction Type No/Resale Potential Short Sale No Sewage System Public Sewer Connected Tax Year July 2026-June 2027 Under Agreement Yn No Water Source Public Water Connected Zoning MF

Listing information © 2026 Smart MLS
Listing provided courtesy of Derek Greene of Derek Greene: (877) 222-0621.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 SmartMLS, Inc. Data last updated: 2026-08-19T12:10:11.813.
 
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