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.
- Heating System:
- Baseboard
- Cooling System:
- No
- Basement:
- Full
- Foundation Type:
- Masonry
- Heat Fuel Type:
- Natural Gas
- Exterior Siding:
- Vinyl Siding
- Fireplaces Total:
- 0
- Parking Total Spaces:
- 0
- Hot Water Description:
- Upright Tank
- Lot Description:
- Level Lot
- Water Source:
- Public Water Connected
- Street:
- Main
- Street Number:
- 87
- Floor Number:
- 0
- Longitude:
- W73° 33′ 43.4”
- Latitude:
- N41° 23′ 26.9”
- Office Name:
- VC Property Group, LLC
- Agent Name:
- Anthony Velez
- List Agent MLSID:
- 846565
- List Office MLSID:
- 13981
- Tax Year:
- July 2025-June 2026
- Directions:
- Call Agent
- Elementary School:
- Per Board of Ed
- High School:
- Per Board of Ed
- HOA Fee Amount:
- $0
- Parcel Number:
- 961929
- Property Tax:
- $11,992
- Zoning:
- VMU
Multi-family For Sale
87 Main, Deep River, 06417
- Property Type :
- Multi-family For Sale
- Listing Type :
- For Sale
- Listing ID :
- 24158639
- Price :
- $1,350,000
- Bedrooms :
- 7
- Baths Total :
- 6
- Bathrooms :
- 6
- Half Bathrooms :
- 0
- Square Footage :
- 3,787 Sqft
- Year Built :
- 1850
- Lot Area :
- 0.44 Acre
- City:
- Deep River
- Zipcode:
- 06417
- Property Sub Type :
- 5 Family+
- Style :
- Units on different Floors
- Ben Keeney
- View website
- 203-313-0013
- 866-886-0013
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