Apartment Building
For Sale
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59 MAPLE ST, Chester, CT 06412
Two Connecticut properties combine multifamily units with commercial warehouse and mixed-use space across Chester and Deep River.
Property Size8,500 SF
Price / SF$247.06
Days on Market140
Property Features for 59 MAPLE ST
General Information
Standard status
Active
Size
8,500 SF
Class
C
Property subtype
Multifamily
Zoning
PRD, VCD
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$117,625
Additional Details
Gross Income
$210,000
Warehouse Space
1,500 SF
Building Details
Year Built
1975
Buildings
3
Stories
2
Units
11
Tenancy
Multi
Listing Agency:
VC Property Group LLC
Listed By:
Anthony Velez · License #REB.0795536
(860) 300-3102
Source:
Crexi
Added: Jun 2
Changed: Oct 3
Last Checked: Oct 16 at 7:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of VC Property Group LLC
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Investment Insights
Based on property information with market context.
This two-property offering combines multifamily and mixed-use improvements in Chester and Deep River, Connecticut. The Chester property at 59 Maple Street includes 7 apartment units, an approximately 1,500-square-foot commercial warehouse, and 2.5+ acres. The Deep River property at 163 Main Street contains 5 units and sits at the gateway to the downtown retail corridor.
The portfolio is fully occupied and includes both residential and commercial components. The properties were built in 1975 and are associated with PRD and VCD zoning designations. Under the stated operating assumptions, the package reflects an 8.83% cap rate and 1.66x DSCR.
The portfolio is fully occupied and includes both residential and commercial components. The properties were built in 1975 and are associated with PRD and VCD zoning designations. Under the stated operating assumptions, the package reflects an 8.83% cap rate and 1.66x DSCR.
Key Highlights
- 7‑unit multifamily property at 59 Maple Street in Chester
- Approximately 1,500 SF commercial warehouse included
- Chester property comprises 2.5+ acres
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
265
Businesses Nearby
Explore this area
Business Placement
Demographics for 06412, CT
3,749
Population
1,679
Households
2.2
Avg Household Size
53
Median Age
43%
College-Educated
96%
High-School Grad
16.1 sq mi
ZIP Area
233
Density / Sq Mi
$94,570
Median Household Income
$46,741
Median Earnings
$1,367
Median Rent
$404,000
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Two Connecticut properties combine multifamily units with commercial warehouse and mixed-use space across Chester and Deep River.
Where is this apartment building located?
The property is located at 59 MAPLE ST Chester, CT.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 7‑unit multifamily property at 59 Maple Street in Chester; Approximately 1,500 SF commercial warehouse included; Chester property comprises 2.5+ acres
