163-165 Main Street, Deep River, CT 06417
Local realty services provided by:Better Homes and Gardens Real Estate Executive Real Estate
163-165 Main Street,Deep River, CT 06417
$825,000
- 6 Beds
- 3 Baths
- 4,184 sq. ft.
- Multi-family
- Active
Listed by: connor wenchell(860) 343-7800
Office: vc property group, llc(860) 300-3102
MLS#:24178835
Source:CT
Price summary
- Price:$825,000
- Price per sq. ft.:$197.18
About this home
Rare mixed-use investment opportunity located in the heart of desirable Deep River Village. Positioned directly on Main Street, this 5-unit asset offers a strong blend of residential and commercial income within one of the Connecticut shoreline region's most sought-after rental and retail markets. The property consists of 3 residential apartments and 2 commercial storefronts occupied by long-term local tenants, providing stable in-place cash flow with additional upside through lease-up and rent optimization. Deep River continues to experience strong demand driven by its walkable downtown, restaurant scene, boutique retail presence, and proximity to the Connecticut River and shoreline communities. The residential units offer continued rental growth potential in a market with historically limited housing inventory, while the commercial spaces benefit from Main Street visibility and an established small-business environment. The property presents a compelling opportunity for investors seeking a stabilized mixed-use asset with value-add characteristics in a highly desirable shoreline-adjacent location. Projected stabilized income supports significant upside from current operations through continued lease-up strategy and operational optimization. Additionally, recent zoning updates may allow for the addition of residential unit(s) on the 3rd floor, creating a unique future expansion opportunity....
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Home facts
- Year built:1850
- Listing ID #:24178835
- Added:5 day(s) ago
- Updated:June 03, 2026 at 11:36 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:12
- Basement Description:Full Basement, Full With Hatchway, Interior Access
- 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
- Lot Features:Corner Lot, Historic District, Level Lot
- Construction Materials:Aluminium
Schools
- High school:Per Board of Ed
- Elementary school:Deep River
Utilities
- Water:Public Water Connected
Finances and disclosures
- Price:$825,000
- Price per sq. ft.:$197.18
- Tax amount:$10,593 (July 2025-June 2026)
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