$1,350,000

87 Main Street, Deep River, CT 06417

  • 7 beds |
  • 6 baths |
  • 3,787 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1850
  • Property Lot Size Icon0.44acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $356/sqft
  • Property List Date Icon Listed 17 days ago

Property 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.

Listing Status:
Active
Date Added:
March 10, 2026
Data Last Updated:
March 28, 2026 at 4:50AM
Listing Office:
VC Property Group, LLC : (860) 300-3102
Listing Agent:
Anthony Velez : (860) 300-3102
MLS ID:
24158639
  • Basement: Full
  • A/C: None
  • Heating: BaseboardNatural Gas
  • Fireplace: Fireplaces: 0
  • Style: Units on different Floors
  • Roofing: Asphalt Shingle
  • County: Middlesex
  • Zoning: VMU961929
  • Water: Public Water Connected
  • Sewer: Public Sewer Connected

This listing courtesy of Anthony Velez , VC Property Group, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Deep River Elementary School

12 River St, Deep River, CT, 06417

Grades KG-6

0.36 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.