87 Main St, Deep River, CT 06417

$1,150,000
8
BD
6
BA
7,300
SqFt

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List Price
$1,150,000
Status
ACTIVE
MLS#
24193614
Year Built
1850
Bedrooms
8
Bathrooms
6
Acres
0.44
Living Area
7,300
Neighborhood
N/A

Property Description

VC Property Group is proud to present a rare two-parcel assemblage in Deep River, Connecticut, featuring a newer construction single-family residence, a five-unit mixed-use building with four residential apartments and one retail unit, and a contiguous 0.30-acre vacant parcel. Located in the highly desirable Lower Connecticut River Valley, the property is just 0.4 miles from Downtown Deep River and approximately 1 mile from Downtown Chester, providing convenient access to acclaimed restaurants, boutique shopping, marinas, and the region's historic village centers. Deep River continues to benefit from strong residential demand driven by limited housing inventory and spillover from neighboring Chester and Essex. The assemblage offers immediate cash flow with meaningful long-term upside, including the potential for a municipal lot line adjustment to combine the vacant parcel with the single-family residence, creating a premium residential asset, or to retain the parcel for future single-family development. Combining stabilized income, intrinsic residential value, and embedded development optionality, this offering presents a compelling investment opportunity in one of Connecticut's most desirable river communities.

Additional Information

Taxes
$11,992
Lot Size
19,166
Heating
Baseboard
Cooling System Type
None
Water Source
Public
Basement
Full
Elementary School
Per Board of Ed
High School
Per Board of Ed

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Calculator source: Real Geeks

Listing courtesy of Anthony Velez from VC Property Group, LLC. (860) 300-3102 (860) 300-3102

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