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156 Main Street, 
Deep River, CT 06417

$800,000


Bed


2

Baths


5,460

Sq Ft


Multi-Family

Active

Listed by

Connor Wenchell

Anthony Velez

Vc Property Group, LLC.

Last updated:

May 19, 2025, 12:31 AM

MLS#

24095526

Source:

CT

About This Home

156 Main Street

This is a rare opportunity to acquire a fully stabilized retail asset in Downtown Deep River. Additional income generation is possible by monetizing 800sqft of unrented commercial space. Inside the past 5 years the owner has replaced the entire roof, upgraded the electrical service and replaced all of the furnaces. Upon leasing up the existing units along with the 800sqft space in the rear of the building, this property will appraise north of $1.2M. What this means for a potential buyer, is that through an all cash or bridge acquisition, they will be able to pull out 100% of their investment upon refinancing during the 12-24 month lease up period. The income analysis, location, walkability, and quintessential New England charm of downtown Deep River are all important considerations for buyers seeking a dream location for their small business. For non owner-operator investors the deal will provide stable returns and ease of management.

Home Facts

Multi-Family

2 Baths

Built in 1924

Price Summary

800,000

$146 per Sq. Ft.

MLS #:

24095526

Last Updated:

May 19, 2025, 12:31 AM

Added:

25 day(s) ago


Rooms & Interior

Bathrooms

Total Bathrooms:

2

Interior

Living Area:

5,460 Sq. Ft.


Structure

Structure

Architectural Style:

Units are Side-by-Side

Building Area:

5,460 Sq. Ft.

Year Built:

1924


Lot

Lot Size (Sq. Ft):

8,712


Finances & Disclosures

Finances

Price:

$800,000

Price per Sq. Ft:

$146 per Sq. Ft.

Source:CT
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