Listing courtesy of Anthony Velez (860) 300-3102, VC Property Group, LLC (860) 300-3102
87 Main Street, Deep River, CT, 06417
23 rooms
7 beds
6 Full baths
1850
Units on different Floors
3,787 sqft
VC Property Group is proud to present a two-parcel assemblage in Deep River, Connecticut, offering stabilized mixed-use income with residential value and land optionality. The assemblage includes: 87 Main Street - a parcel improved with: a Newer Construction Single Family Residence and a 5-unit mixed-use building (four residential apartments and one retail unit) 55 Prospect Street - a contiguous 0.3 acre vacant parcel. Located within the Lower Connecticut River Valley, the property benefits from proximity to the highly desirable river towns of Chester and Essex, markets known for limited inventory, strong residential demand, and vibrant historic village centers. Deep River captures demand spillover from buyers and renters priced out of these neighboring markets. The property is strategically located just 0.4 miles from Downtown Deep River and approximately 1 mile from Downtown Chester, providing convenient access to restaurants, boutique retail, and waterfront amenities. Together, the properties create a flexible investment opportunity combining current income with residential and land-based value creation. The adjacent lot may be reconfigured through a municipal lot line adjustment and combined with the single-family residence, supporting a potential standalone residential sale estimated around $750,000. Alternatively, the parcel may be retained for future single-family development.
Status:
Active
Type:
Multi-family
Units:
5
Zoning:
VMU
Heating:
Baseboard
Cooling:
None
Basement:
Full
Acreage:
0.44
Est. Taxes:
$11,992
Assessment
$374,990
Lot Description:
Level Lot
Elementary School:
Per Board of Ed
High School:
Per Board of Ed
Days on Market:
29
MLS #:
24158639
Community Info
School Info
Walk Score
Mass Transit
Yelp
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