40 River Avenue, Norwich, CT 06360

Norwich
Local realty services provided by:Better Homes and Gardens Real Estate Gaetano Marra Homes
40 River Avenue,Norwich, CT 06360
$242,500
  • 3 Beds
  • 3 Baths
  • 2,435 sq. ft.
  • Single family
  • Active
Listed by: derek greene(888) 278-5840
Office: derek greene(888) 278-5840
MLS#:24196250
Source:CT

Price summary

  • Price:$242,500
  • Price per sq. ft.:$99.59

About this home

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...

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Home facts

  • Year built:1860
  • Listing ID #:24196250
  • Added:10 day(s) ago
  • Updated:August 14, 2026 at 12:07 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:1
  • Half bathrooms:2
  • Rooms Total:10
  • Kitchen Description:Refrigerator
  • Basement Description:Partial
  • Living area:2,435 sq. ft.

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1860
  • Building area:2,435 sq. ft.
  • Lot area:0.21 Acres
  • Lot Features:Water View
  • Architectural Style:Victorian
  • Construction Materials:Shingle

Schools

  • High school:Norwich Free Academy
  • Elementary school:Veterans Memorial

Utilities

  • Water:Public Water Connected
  • Sewer:Public Sewer Connected

Finances and disclosures

  • Price:$242,500
  • Price per sq. ft.:$99.59
  • Tax amount:$7,923 (July 2026-June 2027)

Features and amenities

  • Appliances:Refrigerator

Parking

  • Total parking spaces:2
  • Parking description:Detached Garage
  • Garage:Yes
  • Garage spaces:2
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