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87 Main St

Deep River Center CT 06417

8
6
7300 sq. ft.
0.44 ac.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

8 bedrooms
6 bathrooms
7300 sq. ft. floor area
0.44 ac. lot size
Multi-Family

Property history for 87 Main St

2016
Sold
$445,000
15 Sep 2016 by Craig Milton, of REMAX Valley Shore | Old Saybrook

Happy sellers in Deep River Center

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Local market activity for 8 bedroom multi families in Deep River Center

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Sales:
(619) 566-0008
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