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40 River Avenue
Norwich CT 06360 US

$242,500

Active Listing ID 24196250
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3 bed
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2,435 square feet
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3.00 Bath (1 Full , 2 Half)
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Lot: 0.21 Acres
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Other

$242,500

Active Listing ID 24196250
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40 River Avenue 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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Property Features

  • Facts
  • Lot Size: 0.21 Acres
  • Property Type: Residential
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 1
  • 1/2 Bathrooms: 2
  • Additional Features
  • Basement

School Information

  • School
  • Veterans Memorial(Elementary)
  • Norwich Free Academy(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Other
  • listprice: 242500
  • unparsedaddress: 40 River Avenue
  • postalcity: Norwich
  • stateorprovince: CT
  • country: US
  • postalcode: 06360
  • bathroomsfull: 1
  • bathroomshalf: 2
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.21
  • lotsizeunits: Acres
  • lotsizearea: 0.21
  • livingarea: 2435
  • livingareaunits: Square Feet
  • latitude: 41.518903
  • longitude: -72.075546
  • listagentfullname: Derek Greene
  • listagentemail: office@TheGreeneRealtyGroup.com
  • listagentkey: 3yd-CTMLS-GREENED
  • listagentmlsid: GREENED
  • listagentpreferredphone: 8882785840
  • listagentofficephone: 8882785840
  • listofficekey: 3yd-CTMLS-TGRG01
  • listofficemlsid: TGRG01
  • disclaimer: Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CTMLS
  • yearbuilt: 1860
  • listingcontractdate: 2026-08-04
  • listagenturl: http://www.TheGreeneRealtyGroup.com
  • countyorparish: New London
  • elementaryschool: Veterans Memorial
  • highschool: Norwich Free Academy
  • appliances: Refrigerator
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 2
  • waterfrontyn: False
  • franchiseaffiliation: None
  • architecturalstyle: Victorian
  • rooms: Bathroom 3, Bathroom 2, Basement, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 1
  • basement: Partial
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -72.07555, 41.5189
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"The Greene Realty Group", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"office@TheGreeneRealtyGroup.com", "ListBrokerageCity":"Townsend", "ListBrokerageCountry":"US", "ListBrokerageEmail":"office@TheGreeneRealtyGroup.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/CTMLS/c5ababc320b5425a0120b59f55590028/20090420091018291.jpeg", "ListBrokerageName":"The Greene Realty Group", "ListBrokeragePhone":"978-300-5056", "ListBrokeragePostalCode":"01469", "ListBrokerageStateOrProvince":"MA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"20 Hickory Dr", "ListBrokerageWebsiteUrl":"http://www.TheGreeneRealtyGroup.com", "ListOfficeAddress1":"4 Field Way ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"TGRG01", "ListOfficeCity":"Worcester", "ListOfficeCountry":"US", "ListOfficeEmail":"dgreene@TheGreeneRealtyGroup.com", "ListOfficePostalCode":"01604", "ListOfficeStateOrProvince":"MA", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Norwich, CT", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/40-River-Ave_Norwich_CT_06360_M35402-12275?f=listhub&s=CTMLS&m=24196250&c=rexren", "MLSModificationTimestamp":"2026-08-04 15:16:05", "Neighborhoods":[], "PostalCode":null, "RoomCount":10, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":7923, "TaxDescription":null, "TaxYear":"2027"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/9/2026 8:28:59 PM GMT
Source Updated Date: 8/12/2026 12:47:41 PM GMT

Courtesy of: Derek Greene, Derek Greene, office@TheGreeneRealtyGroup.com

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.