USACTNorwichN/a40 River Ave
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$242,500

For Sale

13 days ago

40 River Ave, Norwich, CT

House

MLS® 24196250

3 Bed

3 Bath

2435 sqft

2 Parking

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2435 sqft
Garage Yes
Taxes $7,923
Days Active 13
Lot Size 0.21 Acres
Approx. Age 1860
Avg. Price Per Sqft $99
MLS® Number 24196250

Property Address: 40 River Ave, Norwich, CT, 06360-6315

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number24196250
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1860
BasementPartial
DrivewayDetached Garage, Other
Garage Spaces
HeatOther
A/CNone

Extras

Rooms

Change to metres

Bedroom 2:Upper LevelNot available
Bedroom 1:Upper LevelNot available
Living Room:Main FloorNot available
Other:Upper LevelNot available

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 4, 2026List Date
$242,500List Price

Home Appraisal

This property is estimated to sell between: $242,000 and $338,000.
Similar properties in this area sold on average for: $306,100
Expected to sell in 21 days. Similar properties sold in 34 days. This home has been on eXp Realty for 13 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Starting Address
Destination Address
40 River Ave, Norwich, CT

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