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 ...
| Website: | https://www.nestseekers.com/5650162 |
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| Address: | 87 Main Deep River, CT 06417 |
| Ownership: | Multi-Family |
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| Type: | Multi-Family |
| Bedrooms: | 8 BR |
| Bathrooms: | 6 |
| Area: | 7300 sq ft |
Financials
Price:$1,150,000
Annual Taxes:$11,992
Description
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.
Amenities
- Elementary School - Per Board of Ed
- High School - Per Board of Ed
- Intermediate School -
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878 Phone: +1 203-204-9555 | |
| Listing Courtesy of Anthony Velez of VC Property Group, LLC | |