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Listed price in listed location currency (USD).
$1,350,000

760

MLS® 24158639

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $11,992
Days Active 12
Lot Size 0.44 acres
Approx. Age 1850
MLS® Number 24158639

Property Address: 87 Main St, Deep River, CT, 06417-1846

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

Description

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.
MLS® Number24158639
Laundry Level
Central VacNo
FireplaceNo
Acreage0.44
Exterior
GarageNo
Approx. Age1850
BasementFull
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 10, 2026List Date
$1,350,000List Price
  • Commute

Commute

Starting Address
Destination Address
87 Main St, Deep River, CT

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