$1,350,000

87 Main St Deep River, CT 06417

Estimated payment $8,206/month

Total Views 21,945
7 Beds
6 Baths
3,787 Sq Ft
$356 Price per Sq Ft

Highlights

  • Baseboard Heating
  • Valley Regional High School Rated A-
  • Level Lot

About This Home

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.

Listing Agent

Anthony Velez

VC Property Group, LLC Brokerage Phone: (860) 300-3102 License #REB.0795536 Listed on: 03/09/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,992

Year Built

  • Built in 1850

Lot Details

  • 19,166 Sq Ft Lot
  • Level Lot

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 3,787 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 961929

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,992

Year Built

Built in 1850

Lot Details

0.44 Acres

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3787
  • Total Sq Ft: 3787
  • Year Built: 1850
  • New Construction: No/Resale
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Directions: Call Agent
  • Street Type: Street
  • Office Attribution Contact: (860) 300-3102
  • Reserve Prospect: No
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 6
  • Full Bathrooms: 6
  • Basement Description: Full
  • Attic: No

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Masonry
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Upright Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.44
  • Lot Description: Level Lot
  • Zoning: VMU
  • Parcel #: 961929

Multi Family

  • Total Number Of Units: 5

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 11992

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

3D Interior and Exterior Tours

Floorplans

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,992 $374,990 $67,970 $307,020
2024 $11,767 $374,990 $67,970 $307,020
2023 $11,205 $374,990 $67,970 $307,020
2022 $10,867 $374,990 $67,970 $307,020
2021 $11,092 $374,990 $67,970 $307,020
2020 $11,149 $371,770 $81,620 $290,150
2019 $10,937 $371,770 $81,620 $290,150
2018 $10,937 $371,770 $81,620 $290,150
2017 $10,752 $371,770 $81,620 $290,150
2016 $10,235 $371,770 $81,620 $290,150
2015 $9,202 $350,140 $75,530 $274,610
2014 $9,062 $350,140 $75,530 $274,610
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/09/2026 03/09/26 For Sale $1,350,000 +203.4% $356 / Sq Ft
09/15/2016 09/15/16 Sold $445,000 -3.3% $118 / Sq Ft View Prior Sale
08/05/2016 08/05/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $460,000 -- $121 / Sq Ft
Source: SmartMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $445,000 --
Deed $128,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $125,000 Commercial
Previous Owner $100,000 Commercial
Source: Public Records

About the Listing Agent

Anthony Velez

VC Property Group, LLC

(860) 579-1057

Section Image

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Source: SmartMLS

MLS Number: 24158639

SmartMLS

APN: DEEP-000056-000000-000113

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