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163 Main Street, Deep River, CT 06417

Multi-Family For Sale · 5 Family+

$2,100,000
$247/sqft
163 Main Street, Deep River, CT
Active
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11
Bedrooms
12
Bathrooms
8,500
Sq Ft
0.07
Acres
1850
Year Built

About This Home

VC Property Group is proud to present a two-property mixed-use and multifamily package located in Chester and Deep River, two of the most desirable towns in the Lower Connecticut River Valley. The offering includes: 59 Maple Street (Chester): 7-unit multifamily asset with an additional ~1,500 SF commercial warehouse on 2.5+ acres. 163 Main Street (Deep River): 5-unit mixed-use property positioned at the gateway to the downtown retail corridor. The portfolio is fully occupied and generates approximately $210,000+ in current gross income, with upside to over $280,000 stabilized, driven by residential and commercial rent growth. At stabilization, the portfolio delivers approximately $175,748 NOI and a 8.37% cap rate, supported by a strong 1.58x DSCR. The possibility to develop the 3rd floor of 163 Main Street into additional units can drive returns even higher! This is a rare opportunity to acquire scale across two supply-constrained markets, combining in-place cash flow with clear mark-to-market upside across both residential and commercial components.

Listed by Connor Wenchell (860) 343-7800 with VC Property Group, LLC (860) 300-3102

Listing Snapshot

Price $2,100,000 Days on Our Site 0 days
Property Tax $10,593/yr Style Units on different Floors,Units are Side-by-Side
Year Built 1850 Total Sq Ft 8,500
Lot Size 0.07 acres HOA Fees N/A
Bedrooms 11 Full Bathrooms 10
Total Rooms 34 Half Baths 2

Structure & Parking

Construction Frame
Roof Asphalt Shingle

Systems & Utilities

Heat Hot Air
Fuel Oil
Cooling None
Hot Water Electric, 50 Gallon Tank, Tank Size Unknown
Water Public Water Connected
Sewer Public Sewer Connected

Schools

Elem Deep River
High Per Board of Ed

Mortgage Calculator

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Est. Monthly Payment —
Principal & Interest —
Est. Property Tax $883/mo
Est. Home Insurance —

Estimate only. Contact a lender for accurate figures.

Listing History

Date Event Price
Apr 27, 2026 Listed $2,100,000

Frequently Asked Questions

How much does 163 Main Street in Deep River, CT cost?
This property is listed at $2,100,000, which works out to $247 per square foot.
How many bedrooms does 163 Main Street have?
This home has 11 bedrooms and 12 bathrooms.
What is the square footage of 163 Main Street?
The home is 8,500 square feet, situated on 0.07 acres.
When was 163 Main Street in Deep River built?
This property was built in 1850.
Is 163 Main Street, Deep River, CT still available?
The current MLS status of this property is "Active". Contact RYZE Realty Group for the latest availability.
What school district is 163 Main Street, Deep River in?
This home is served by the Deep River public school system, with Deep River as the elementary school and Per Board of Ed as the high school.
How do I schedule a tour of 163 Main Street, Deep River, CT?
Contact RYZE Realty Group to schedule a private showing. You can submit a tour request directly on this page or call our office.

Listing Agent

Connor Wenchell · (860) 343-7800

VC Property Group, LLC · (860) 300-3102

MLS# 24170538 · Data provided by SmartMLS. Information deemed reliable but not guaranteed.
Listing updated Apr 27, 2026 7:39 PM UTC