Resnick and Petty of EXIT Realty broker $640,000 sale of three-story bldg.

July 07, 2010 - Front Section

752 East Fourth St., Boston, Mass.

Sam Resnick, EXIT Realty Associates

Matthew Petty, EXIT Realty Associates

Sam Resnick and Matthew Petty of EXIT Realty Associates have sold 752 East Fourth St. for $640,000. This three-story, classic style bow front contains 2,878 s/f of living area and 10 bedrooms plus three bathrooms, and is operated as a lodging house for short/intermediate term rentals. This property was identified as a "unique" purchase by the buyer who saw the long-term upside potential of owning such a property located just blocks from the South Boston Waterfront.
Realty Assets represented the seller, 752 E. 4th St., LLP, while Resnick and Petty represented the buyer.
EXIT Realty Associates is a full service commercial real estate firm specializing in strategic purchases for investors looking to maximize gains by looking at unique income producing properties.
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