$1,700,000
Price
13
Beds
10,512 Sq. Ft.
$162 / Sq. Ft.
10,512
Sq. Ft.
$162
per Sq. Ft.

Description

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...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. The laundromat includes ALL equipment. 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.

Property Details for 168 Main Street

Basement Description
Crawl Space, Partial, Unfinished
Direct Waterfront
No
Neighborhood
N/A
Style
Units on different Floors, Units are Side-by-Side
Garage Parking Info
None, Paved, Off Street Parking, Driveway
Swimming Pool
No
LISTING UPDATED: 12/02/2025 09:05 PM

Property Details for 168 Main Street

StatusActive
MLS #24142998
Days on Market2
Taxes$9,201 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 5 Family+
Year Built1890
Lot Size0.42 AC / 18,295 SF
CountyMiddlesex County

Location

Listing Courtesy of Oxford Realty, Amanda R Faroni-Sheehan
Add your commute

Building Information for 168 Main Street

Stories-Residences9Year Built1890Building Size-Lot Size0.42 AC / 18,295 SF

Payment Calculator

$9,167 per month

30 year fixed, 6.28% Interest

Principal and Interest

$8,400

Property Taxes

$767

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 168 Main Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: Elm St to Main St
  • Elementary School: Per Board of Ed
  • Flood Zone: No
  • High School: Per Board of Ed
  • Latitude: 41.385759
  • Longitude: -72.436019
  • Neighborhood Amenities: Health Club, Lake, Medical Facilities, Park, Shopping/Mall
  • State: Connecticut
Parking
  • Parking Total Spaces: 20
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2025-June 2026
  • Property Tax: $9,201
Interior and Exterior Features
Exterior Features
  • Exterior Features: Sidewalk, Porch, Gutters, Lighting
  • Waterfront Description: Not Applicable
Interior Features
  • Attic Description: Crawl Space, Access Via Hatch
  • Cooling System: Window Unit
  • Heat Type: Hot Air
  • Attic YN: Yes
  • Fireplaces Total: 0
  • Laundry Room Info: None
  • Rooms Total: 29
Room 5
  • Listing Key: 44FD986058C651E6E063E201100A85C0
Room 9
  • Listing Key: 44FD986058C651E6E063E201100A85C0
Property
Property and Assessments
  • Color: blue & white
  • Construction Description: Frame
  • Driveway Type: Private, Shared, Paved
  • Exterior Siding: Vinyl Siding, Aluminum
  • Foundation Type: Brick, Masonry
  • Fuel Tank Location: Above Ground
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1890
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Sq Ft Description: 2 properties combined. 168 Main 4,476 sf + 170 Main 6,036 sf
  • Living Area SQFT Per Public Records: 4180
Lot Information
  • Lot Description: Corner Lot, Level Lot
  • Parcel Number: 962294
  • Sq Ft Est Heated Above Grade: 10512.0
  • Sq Ft Total: 10512.0
  • Zoning: VCD
Utilities
  • Heat Fuel Type: Propane
  • Hot Water Description: Propane, Tank Size Unknown
  • Radon Mitigation Air: No
  • Radon Mitigation Water: No
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 40229
  • Gross Annual Income: 157500
  • Net Operating Income: $109,396
  • Occupied By: Tenant
  • Total Number of Units: 9
  • Total Rooms Multi Family: 29
Unit 1
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 12-02-2025
  • Unit Monthly Rent: $1,400
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 2
  • Unit Entry Order: 5
  • Unit Full Baths: 1
  • Unit Modified Date: 12-02-2025
  • Unit Monthly Rent: $1,700
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 3
  • Unit Entry Order: 9
  • Unit Full Baths: 1
  • Unit Modified Date: 12-02-2025
  • Unit Monthly Rent: $875
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 3
  • Unit Occupied By: Tenant
Unit 4
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 12-02-2025
  • Unit Monthly Rent: $1,500
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 5
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 12-02-2025
  • Unit Monthly Rent: $1,450
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 3
  • Unit Occupied By: Tenant
Unit 6
  • Unit Entry Order: 6
  • Unit Full Baths: 1
  • Unit Modified Date: 12-02-2025
  • Unit Monthly Rent: $1,350
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 7
  • Unit Entry Order: 7
  • Unit Full Baths: 1
  • Unit Modified Date: 12-02-2025
  • Unit Monthly Rent: $1,400
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 3
  • Unit Occupied By: Tenant
Unit 8
  • Unit Entry Order: 4
  • Unit Modified Date: 12-02-2025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 1
  • Unit Occupied By: Owner
Unit 9
  • Unit Entry Order: 8
  • Unit Full Baths: 1
  • Unit Modified Date: 12-02-2025
  • Unit Monthly Rent: $1,450
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 3
  • Unit Occupied By: Tenant

Property History for 168 Main Street

DateEvent & SourcePriceAppreciation
Dec 21, 2023

Closed (Public Record)

Public Record #1525073603

$542,694—
DateEvent & SourcePrice
12/21/2023

Closed (Public Record)

Public Record #1525073603

$542,694

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 168 Main Street

Taxable ValueLand$97,160Additions$190,540Total$287,700
Tax Record2023$9,028 ($752 / month)
Home Facts
Total Finished SqFt4,180 SqFtAbove Grade Finished SqFt4,180 SqFtStories2Lot Size7,841 SqFtStyleDepartment StoreYear Built1890ZoningVCDCountyMIDDLESEXAPNDEEP M:57 L:18

Schools near 168 Main Street

This home is within Regional School District 04.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Private - 9 to 12
Rating
School
Distance
Deep River Elementary School
PublicK to 6

John Winthrop Middle School
Public6 to 8

Valley Regional High School
Public9 to 12

Mt Saint John
Private9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

168 Main Street is a multi-family home for sale in Deep River, CT 06417. This property was listed for sale on December 2, 2025 by Oxford Realty, it's currently listed at $1,700,000. It has been on the market for a total of 2 days and was last sold on December 21, 2023. This listing's school districts are Regional School District 04, Deep River School District. Nearby schools include Deep River Elementary School, John Winthrop Middle School and Valley Regional High School. 168 Main Street is a 13-bed, 8-bath, 10,512 sqft multi-family home built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Oxford Realty, Amanda R Faroni-Sheehan

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.