Backup offers
$5,926 Closing Credit¹
#24076135, Carolyn Dipietro, Listing Office: Berkshire Hathaway NE Prop.
#24077841·
Listing office: VC Property Group, LLC·
Listing agent: Connor Wenchell·
Listing office phone: (860) 519-3800
$985,000 List price
163-165 Main St Deep River, CT 06417
$10,000
Closing credit¹
3 beds
2 full
4,184 sqft
0.07 acres
$235 / sqft
Multi-Family
Property details
About 163-165 Main St
EXCITING NEWS, ARV has increased to $1.7 MILLION!!! We met with the town's building inspector and fire marshal for an on-site assessment, and they have expressed interest in seeing the 3rd Floor "Penthouse" get developed into rentable living space. The town needs about 30 days from application and submission of site plans to review the addition for approval. Pre-existing zoning regulations have been adjusted allowing the semi-finished third floor to be converted into a livable penthouse suite, and these revisions took effect on April 17, 2025. What's so great about this, is that we can now broker bridge financing that cuts the required down payment in HALF, for a total estimated Cash to Close of $230k. The beautiful new Penthouse suite will generate an additional $3,750 per month in rental income, pushing the ARV to $1.7 MILLION. This is a once in a life-time opportunity to purchase a Class B asset with very little down and potentially TAKE ALL OF YOUR CASH OUT OF THE DEAL upon closing the back end refinance, not to mention the 19% yearly return. DO NOT MISS OUT ON THIS EXTRAORDINARY OPPORTUNITY.
Highlights
Home typeMulti Family
HeatingForced Air
StatusActive
CoolingWindow Unit(s)
Size4,184 sqft
BasementYes
Lot size0.07 Acres
Year built1850
MLS #24077841
Virtual tour
Summary
- Full Bathrooms: 2
- Basement: Yes
- Total Bedroom Count: 3
- Attached Garage: No
- Private Pool: No
- Parking: None
- Architectural Style: Other
- Heating: Forced Air
- Cooling: Window Unit(s)
- List Price: $985,000
- Price/SqFt: $235
- Lot: Corner Lot, Level, Historic
- Directions: Park anywhere in downtown Deep River. Very walkable location!
- Year Built: 1850
- Living Area: 4,184 SqFt
- Lot Size: 0.07 Acres
- MLS Number: 24077841
- Office Name: VC Property Group, LLC
- Office Phone: (860) 519-3800
- Office Email: Connor@vcpropertygrp.com
- Listing Agent: Connor Wenchell
Copyright © 2025 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
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Last updated on: 5/6/2025, 7:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$985,000
163-165 Main St
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
4
Lewin G. Joel Jr. School
Public District PK-4
2.2 mi
•137A Glenwood Rd
6
Kathleen E. Goodwin School
Public District PK-6
6.7 mi
•80 Old Boston Post Rd
7
Essex Elementary School
Public District PK-6
7.1 mi
•108 Main St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $53,774. Most Deep River, CT residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
33%
<35k
44%
35k-100k
17%
100k-200k
6%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
56%
Single, No Kids
7%
Single, with Kids
23%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
6%
12-17 yrs old
18%
18-34 yrs old
46%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Extreme Sports
Figure Skating
Where do the neighbors shop?
Stein Mart
Academy Sports & Outdoors
Kmart
Where do the neighbors go to eat?
Bob Evans
Little Caesars
Dominos Pizza
What do the neighbors drive?
Lincoln
Chevrolet
Buick
What do the neighbors listen to?
News/Talk/Information
Country
Oldies
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 163-165 Main St in Deep River, CT and zip code 06413. This 4,184 square foot home, which was built in 1850, sits on a 0.07 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 3, 2025 and is currently priced at $985,000.
Deep River, CT housing market in April 2025 saw over 0 listings sold above listed price, more than 2 sold at listed price and over 6 sold below. Between March and April 2025, Deep River, CT real estate market has seen decrease in the number of listings by 18.2%.
From Rocket Homes Real Estate and based on county public records data.