59-65 Maple Street, Chester, CT 06412
Multi-Family For Sale · 5 Family+
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About This Home
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.
Listed by Connor Wenchell (860) 343-7800 with VC Property Group, LLC (860) 300-3102
Listing Snapshot
| Price | $2,100,000 | Days on Our Site | 50 days |
| Property Tax | $12,134/yr | Style | Units on different Floors,Units are Side-by-Side |
| Year Built | 1975 | Total Sq Ft | 8,500 |
| Lot Size | 2.56 acres | HOA Fees | N/A |
| Bedrooms | 11 | Full Bathrooms | 10 |
| Total Rooms | 34 | Half Baths | 2 |
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Listing History
| Date | Event | Price |
|---|---|---|
| Apr 27, 2026 | Listed | $2,100,000 |
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Listing Agent
Connor Wenchell · (860) 343-7800
VC Property Group, LLC · (860) 300-3102
MLS# 24170551 · Data provided by SmartMLS. Information deemed reliable but not guaranteed.
Listing updated Jun 2, 2026 6:26 PM UTC
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59-65 Maple Street, Chester CT, 06412
$2,100,000 • Active
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