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    16 Route 63 Canaan, CT 06031

    Under Contract
    For Sale
    $550,000

    Units On Different Floors, Multi-Family For Sale - Canaan, CT

    Property size:
    3,040 SF
    Lot size:
    0.83 Acres
    Days on Market:
    44
    Last Refresh:
    Dec 14 at 2:06 pm

    Property Features for 16 Route 63

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    R80
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    Bathrooms
    3
    APN
    801935
    Parking features
    Garage, Garage - Detached
    Patio and Porch features
    Patio
    Exterior features
    Underground Utilities, Gutters, Patio
    Fireplace
    1
    Basement Y/N
    1
    Size
    3,040 SF
    Lot size
    0.83 Acres

    Utilities

    Heating system
    Baseboard, Fireplace(s), Hot Water (Heating), Oil, Wood (Heating)
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1803
    Building materials
    Clapboard
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Raynard & Peirce Real Estate Co. (860) 542-5518 [email protected]

    Listing agent Wendy Eichman (860) 453-4148

    Listing date Nov 1, 2025

    MLS# 24093036 Listing URL

    Copyright © 2025 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Two Antique Homes on Separate Parcels

    This listing includes two well-maintained antique homes situated on separate parcels. The front house, a classic Greek Revival Colonial, was originally built as a storefront in 1803 and expanded into a home in 1848. It currently functions as a two-family home but can be converted back to a single-family residence. The home has undergone extensive restorations, including a complete exterior repainting in the fall of 2024. The first-floor apartment features an updated kitchen, one bedroom, large rooms, and wide board hardwood floors. This apartment can be owner-occupied or rented out as a profitable rental investment. The second-floor apartment features two bedrooms. A three-car garage separates the front house from the back house, a charming cottage with a large living area with a fireplace, two bedrooms, and a full bath. The back house is currently rented through March 2026. The property, located in Canaan, CT, includes a large driveway with plenty of parking space, along with trees and well-maintained yards for both homes. The lot size is 0.83 acres. The property size is 3040 square feet. Both homes are located on separate parcels and are part of the sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Realty agency Pharmacy Food Market Garden Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Canaan
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.334844
    Latitude
    41.961132

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    FAQs

    What type of property is this?
    Duplex - Two well-maintained homes on separate parcels, ideal for rental income.
    Where is this duplex located?
    The property is located at 16 Route 63 Canaan, CT.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Two homes on separate parcels included, offering flexibility.; - **Historic Greek Revival Colonial (circa 1803), recently repainted in Fall 2024**, with potential for single-family conversion.; - **Spacious first-floor apartment with an updated kitchen and wide board hardwood floors** in the front house.
    (860) 453-4148
    Request Owner's contact information
    16 Route 63 Canaan, CT 06031
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    Canaan, CT 06031
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16 Route 63 Canaan, CT 06031
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