163-165 Main Street, Deep River, CT 06417

Local realty services provided by:Better Homes and Gardens Real Estate Shore & Country Properties
163-165 Main Street,Deep River, CT 06417
$935,000
  • 3 Beds
  • 2 Baths
  • 4,184 sq. ft.
  • Multi-family
  • Active
Listed by:connor wenchell
Office:vc property group, llc
MLS#:24077841
Source:CT

Price summary

  • Price:$935,000
  • Price per sq. ft.:$223.47

About this home

EXCITING NEWS, ARV has increased to $1.7 MILLION!!! We met with the town's building inspector and fire marshal for an on-site assessment, and they have expressed interest in seeing the 3rd Floor "Penthouse" get developed into rentable living space. The town needs about 30 days from application and submission of site plans to review the addition for approval. Pre-existing zoning regulations have been adjusted allowing the semi-finished third floor to be converted into a livable penthouse suite, and these revisions took effect on April 17, 2025. What's so great about this, is that we can now broker bridge financing that cuts the required down payment in HALF, for a total estimated Cash to Close of $230k. The beautiful new Penthouse suite will generate an additional $3,750 per month in rental income, pushing the ARV to $1.7 MILLION. This is a once in a life-time opportunity to purchase a Class B asset with very little down and potentially TAKE ALL OF YOUR CASH OUT OF THE DEAL upon

Contact an agent

contact an agent

Yes, I would like more information from BHGRE®. Please use and/or share my information with an BHGRE affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an BHGRE affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1850
  • Listing ID #:24077841
  • Added:204 day(s) ago
  • Updated:September 20, 2025 at 11:29 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:4,184 sq. ft.

Heating and cooling

  • Cooling:Window Unit
  • Heating:Hot Air

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1850
  • Building area:4,184 sq. ft.
  • Lot area:0.07 Acres

Schools

  • High school:Per Board of Ed
  • Elementary school:Deep River

Utilities

  • Water:Public Water Connected

Finances and disclosures

  • Price:$935,000
  • Price per sq. ft.:$223.47
  • Tax amount:$10,593 (July 2025-June 2026)
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 SmartMLS, Inc.

New listings near 163-165 Main Street