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11 Beds
12 Baths
8,500 sqft

$1,995,000

59-65 Maple Street, Chester CT, 06412

Price per sqft$234.71
Built in1975
Property size8,500 sqft
Property typeMulti-family

Overview

Under contract

Under Contract - Continue To Show

Listed Apr 27, 2026

Updated 3 weeks ago

A mixed-use and multifamily package located in Chester and Deep River, two of the most desirable towns in the Lower Connecticut River Valley. The offering includes: 59 Maple Street (Chester): 7-unit multifamily asset with an additional ~1,500 SF commercial warehouse on 2.5+ acres. 163 Main Street (Deep River): 5-unit mixed-use property positioned at the gateway to the downtown retail corridor. The portfolio is fully occupied and generates approximately $210,000+ in current gross income, with upside to over $280,000 stabilized, driven by residential and commercial rent growth. At stabilization, the portfolio delivers approximately $175,748 NOI and a 8.37% cap rate, supported by a strong 1.58x DSCR. The possibility to develop the 3rd floor of 163 Main Street into additional units can drive returns even higher! This is a rare opportunity to acquire scale across two supply-constrained markets, combining in-place cash flow with clear mark-to-market upside across both residential and commercial components.

$13,273/mo

Est. mortgage payment based on a $1,995,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
24170551

Interior Features

Bedrooms
11
Bathrooms
12
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
2.56 Acres

Other Property Details

Taxes
$12,134
Tax Frequency
Annually
Garage
Yes
MLS provider logo

Listed by Connor Wenchell with VC Property Group, LLC (860) 343-7800

The IDX display contains information sourced from SmartMLS, Inc. as of 8/25/2026. This information is for personal, non-commercial use only and may not be used for any purpose other than identifying properties the viewer may be interested in purchasing. MLS data is generally considered reliable but is not guaranteed accurate by the MLS. Buyers are responsible for verifying all information and should conduct their own investigation or consult a professional. Some MLS data may have been provided by sources other than the listing agent. Unless stated in writing, the Broker/Agent has not verified information obtained from outside sources. The Broker/Agent may or may not have been the listing and/or selling agent, and cannot guarantee the accuracy of any property location shown on a map. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 8/25/2026 at 3:42 AM UTC.

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