170 Main Street

Deep River, CT 06417 Directions
$1,700,000
  • 8Baths
  • 7,641Sqft
  • 0.24Acres
  • 1817Built
  • $222Price/Sqft

Property Highlights

  • Days on Market: 6
  • MLS: 24143049

Property Highlights

  • Days on Market: 6
  • MLS: 24143049

Exciting investment package in the heart of downtown Deep River! This rare offering includes two nicely renovated multifamily/mixed-use buildings plus a well-established laundromat business, all conveyed together in one sale. 170 Main Street sits on a beautiful corner lot and features a turnkey 5-unit multifamily property with a unit mix of (2) two-bedroom units and (3) one-bedroom units. All apartments have been remodeled, utilities are separate and tenant-paid, and the seller recently replaced all hot water heaters (2025)-providing hassle-free operation for years to come. Adjacent 168 Main Street is a turnkey mixed-use asset anchored by a busy...

Property Highlights

  • Days on Market: 6
  • MLS: 24143049

Exciting investment package in the heart of downtown Deep River! This rare offering includes two nicely renovated multifamily/mixed-use buildings plus a well-established laundromat business, all conveyed together in one sale. 170 Main Street sits on a beautiful corner lot and features a turnkey 5-unit multifamily property with a unit mix of (2) two-bedroom units and (3) one-bedroom units. All apartments have been remodeled, utilities are separate and tenant-paid, and the seller recently replaced all hot water heaters (2025)-providing hassle-free operation for years to come. Adjacent 168 Main Street is a turnkey mixed-use asset anchored by a busy laundromat on the first floor, with 3 apartments above: (2) two-bedroom units and (1) one-bedroom unit. This building also offers separate, tenant-paid utilities, and the owner just installed a new roof in 2025. A shared driveway leads to ample off-street parking behind both buildings with roughly 20 spaces. Both properties enjoy strong rental history with historically low vacancy, making this a stable, income-producing investment in one of the most charming downtown locations with quaint shops and inviting restaurants. Also a convenient location to highway access - Don't miss the opportunity to invest in this lovely small town on the CT River.

Exciting investment package in the heart of downtown Deep River! This rare offering includes two nicely renovated multifamily/mixed-use buildings plus a well-established laundromat business, all conveyed together in one sale. 170 Main Street sits on a beautiful corner lot and features a turnkey 5-unit multifamily property with a unit mix of (2) two-bedroom units and (3) one-bedroom units. All apartments have been remodeled, utilities are separate and tenant-paid, and the seller recently replaced all hot water heaters (2025)-providing hassle-free operation for years to come. Adjacent 168 Main Street is a turnkey mixed-use asset anchored by a busy laundromat on the first floor, with 3 apartments above: (2) two-bedroom units and (1) one-bedroom unit. This building also offers separate, tenant-paid utilities, and the owner just installed a new roof in 2025. A shared driveway leads to ample off-street parking behind both buildings with roughly 20 spaces. Both properties enjoy strong rental history with historically low vacancy, making this a stable, income-producing investment in one of the most charming downtown locations with quaint shops and inviting restaurants. Also a convenient location to highway access - Don't miss the opportunity to invest in this lovely small town on the CT River.

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  • Additional Information
    • Acres: 0.24
    • Area Type: Downtown
    • Garage: Paved, Off Street Parking, Driveway
    • Gross Expenses: 40229
    • Gross Income: 157500
    • Is Occupied?: Tenant
    • Living Area SqFt: 7,641
    • Present Use: laundromat, residential
    • Property Tax: $9,888
    • Road Frontage Description: Municipal Street
    • Sewer: Public Sewer Connected
    • Tax Amount: $9,888
    • Unit Count: 9
    • Utilities Available: Electric, Phone Available, Cable Available
    • Year Built: 1817
    • Zoning: VCD
  • Amenities
    • Window Display
  • Interior Features
    • Air Conditioning: Window Unit
    • Cooling: Window Unit
    • Flooring: Vinyl, Wood
    • Full Baths: 8
    • Furnace Type: Propane
    • Heat: Propane
    • Heat Fuel: Propane
    • Living SqFt Source: Public Records
    • Stories: 3
    • Total Baths: 8
  • Exterior Features
    • Exterior Features: Sidewalk,Roof Sign,Gutters,Lighting
    • Roof: Asphalt Shingle

Listing Courtesy of Amanda Faroni-Sheehan of Oxford Realty.

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