163-165 Main Street

Deep River, CT 06417

  • $985,000
  • 3 Beds
  • 2 Baths
  • 4,184 Sqft
  • 0.07 Acres
  • 1850 Built

EXCITING NEWS!!! 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.

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Property Highlights
  • STYLE : Units on different Floors,Other
  • ELEMENTARY : Deep River
  • PRICE/SQFT : $235
  • DAYS ON MARKET : 48
  • MLS : 24077841

Additional Information

ADDITIONAL INFORMATION
  • ACRES: 0.07
  • ATTIC DESCRIPTION: Storage Space, Partially Finished, Walk-up
  • BASEMENT DESCRIPTION: Full, Interior Access, Full With Hatchway
  • HIGH SCHOOL: Per Board of Ed
  • IS OCCUPIED?: Tenant
  • LIVING AREA SQFT: 4,184
  • PROPERTY TAX: $10,394
  • SEWER: Public Sewer Connected
  • STYLE: Units on different Floors, Other
  • TAX AMOUNT: $10,394
  • UNIT COUNT: 5
  • YEAR BUILT: 1850
  • YEAR BUILT DETAILS: Public Records
  • ZONING: VCD
INTERIOR FEATURES
  • AIR CONDITIONING: Window Unit
  • ATTIC: Yes
  • BEDS: 3
  • COOLING: Window Unit
  • FULL BATHS: 2
  • FURNACE TYPE: Oil, Propane
  • HEAT: Oil, Propane
  • HEAT FUEL: Oil, Propane
  • HOT WATER: Oil, 50 Gallon Tank
  • ROOMS: 7
  • TOTAL BATHS: 2
EXTERIOR FEATURES
  • EXTERIOR SIDING: Aluminum
  • ROOF: Asphalt Shingle

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Location for 163-165 Main Street, Deep River, CT

Schools for 163-165 Main Street, Deep River, CT

Our community offers residents access to a number of fine private and public schools for all grade levels. Please read below for information on each of the schools in our area.

Private Schools
SCHOOL LOCATION GRADE
Mt Saint John 135 Kirtland Street, Deep River, CT, 06417 9-12
School Mates Pre School Po Box 286, Deep River, CT, 06442 PK-K
Franklin Academy 140 River Road, East Haddam, CT, 06423 8-12
Mt Saint John 135 Kirtland Street, Deep River, CT, 06417 9-12
School Mates Pre School Po Box 286, Deep River, CT, 06442 PK-K
Franklin Academy 140 River Road, East Haddam, CT, 06423 8-12
GreatSchools

*UG = ungraded.
Detailed school information provided by GreatSchools.org © 2025. All rights reserved.

Public and private school information is provided by sources including GreatSchools.org and various MLS services including the One Key, SMARTMLS, NCMLS, DARMLS and Greenwich MLS, and is subject to the terms of use on those sites. William Pitt and Julia B. Fee Sotheby’s International Realty believes the information provided by these sources to be accurate but will not be held responsible if any data as well as information such as school districts for listings is inaccurate.

Community

Deep River>

Deep River

Shoreline, Connecticut

Deep River enjoys a central location in Middlesex County, one of Connecticut’s most popular vacation regions. The community is part of the ‘Tri-town Area’ comprising Deep River, Chester and Essex....

Market Stats for Deep River, Connecticut

An exclusive report that informs you of residential real estate sales activity and trends in Deep River, Connecticut.

Request More Info for 163-165 Main Street, Deep River, CT

  • William Pitt Sotheby's International Realty

Listing Courtesy of Connor Wenchell of VC Property Group, Llc (860.519.3800).