87 Main St Deep River, CT 06417
Estimated payment $8,206/month
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
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
3D Interior and Exterior Tours
Floorplans
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $445,000 | -- | |
| Deed | $128,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $125,000 | Commercial | |
| Previous Owner | $100,000 | Commercial |
About the Listing Agent
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Source: SmartMLS
MLS Number: 24158639
APN: DEEP-000056-000000-000113
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Ask me questions while you tour the home.