New England Real Estate Journal

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

July 7, 2010 - Owners Developers & Managers
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.