Shelton-based Northeast Private Client Group recently sold multi-family apartments in Fairfield and Norwalk for more than $1.6 million.
The Churchill Street Apartments is a three-unit property at 109 Churchill St., Fairfield, with two three-bedroom apartments and one two-bedroom apartment.
Vendome Properties LLC and principal Andrew Lobsenz of Delray Beach, Fla., sold the building for $815,000 to Marash and Anila Voka in a deal recorded March 30.
The property is one mile from downtown Fairfield’s restaurants, entertainment, and nightlife. Its close proximity to Fairfield University makes it an ideal space for college student renters.
This property also has easy access to Metro-North Railroad, I-95, the Merritt Parkway, Route 8, and Route 1.
It has a total appraised value of $430,700.
Pjerin and Elida Voka bought a property at 5 West Main St., Norwalk, for $860,000 from Vendome Properties in a deal recorded March 29.
The four-unit property has one three-bedroom apartment, one two-bedroom apartment, and two one-bedrooms.
This property has a total appraised value of almost $419,000
It also has good access to Metro-North, I-95, the Merritt, Route 7 and Route 1.
Northeast Senior Associates Rich Edwards and Jeff Wright, with Associate Patrick Hegarty, represented the seller and procured the buyer for both properties.
“Given the lower Fairfield County locations, upside potential, and smaller deal size, this was a very competitive process with multiple bids. Despite the sharp rise in interest rates, lower Fairfield County multi-family continues to prove to be desirable and in high demand,” Edwards said.
