163 165 Main
Deep River, CT 06417
- 3 beds
- 2 baths
- 4,184 sqft
- 3,049 sqft lot
- $235 per sqft
- 1850 build
- – on site
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.
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Last updated Apr 29, 2025
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MLS# 24077841 —
The Building
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Year Built:1850
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Year Built Source:Public Records
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New Construction Type:No/Resale
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Style:Units on different Floors, Other
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Roof Information:Asphalt Shingle
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Attic:Yes
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Attic Description:Storage Space, Partially Finished, Walk-up
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Exterior Siding:Aluminum
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Foundation Type:Stone
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Basement Description:Full, Interior Access, Full With Hatchway
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SqFt Total:4184
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SqFt Est Heated Above Grade:4184
Interior
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Laundry Room:None
Room Dimensions
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Living Area SqFt Per Public Record:4184
Location
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Directions:Park anywhere in downtown Deep River. Very walkable location!
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Neighborhood:N/A
The Property
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Parcel Number:962381
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Property Type:Multi-Family For Sale
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Property Subtype:5 Family+
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Zoning:VCD
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Acres:0.07
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Acres Source:Public Records
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Lot Description:Corner Lot, Level Lot, Historic District
Listing Agent
- Contact info:
- Agent phone:
- (860) 519-3800
Taxes
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Tax Year:July 2024-June 2025
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Property Taxes:10394
Beds
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Beds Total:3
Baths
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Total Baths:2
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Full Baths:2
The Listing
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https://my.matterport.com/show/?m=jX7HdGshgyg&mls=1
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Home Warranty Offered:No
Heating & Cooling
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Heat Type:Hot Air
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Heat Fuel Type:Oil, Propane
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Cooling System:Window Unit
Utilities
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Water Source:Public Water Connected
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Sewage System:Public Sewer Connected
Schools
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Elementary School:Deep River
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High School:Per Board of Ed
The Community
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Swimming Pool:No
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Direct Waterfront:No
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Waterfront Description:Not Applicable
Parking
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Garage & Parking:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/18/25
Apr 18, 2025
|
Price Changed | SMART_MLS | $985,000 | 2.1% |
3/3/25
Mar 3, 2025
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Listed / Active | SMART_MLS | $965,000 |