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RPL’s DeRentis Closes West Side’s Highest-Ever Vacant Lot Sale

Residential Properties Ltd. is excited to announce the sale of 321 Knight Street in Providence for $1,275,000. RPL Sales Associate Jim DeRentis proudly represented both sides in this transaction. 

According to State-Wide MLS data, this is the highest vacant lot sale on Providence’s West Side ever recorded.

With increased apartment prices in Providence over recent years, this lot zoned for 41 units will provide quality affordable housing to this area of the city and offer residents easy access to all the amenities of the West Side. Situated on both Knight and Westminster Street, the property is within walkable proximity to Dexter Field, public transit stops, and a fabulous variety of dining establishments extending north to Broadway and Atwells Avenue. 

“This is much needed affordable housing on a vital transit corridor,” DeRentis said. “The project, to be led by one of the oldest, most successful community development corporations in the city, will be a boon to new business owners, teachers, local artists, and all kinds of people who provide the backbone of our community and make life in the city better.”

Jim DeRentis is Residential Properties’ Top Producing Sales Agent. He is also the top selling agent for sales over $1 million on Providence’s East Side, participating in 21 single-family home sales over $1 million on the East Side in 2023 alone. Jim is the only nationally ranked individual sales agent on Providence’s East Side and has been a recipient of the Circle of Sales Excellence Platinum Plus Award each year since 2011 when he was named Rookie of the Year. For the past nine years, Jim has been included on the REAL Trends list of “America’s Top Real Estate Agents” and in 2020 was named to “The 1000.” For the past three years consecutively, he has been named the #1 individual agent in the state for transaction sides, achieving over $109 million in transaction volume, and in 2022 and 2023 was the #1 agent in the state for both volume and transaction sides. To learn more about Jim and to view his listings, please visit ThePVDRealEstateGuy.com.
 

*Information based in whole or in part on data supplied by State-Wide Multiple Listing Service. The MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by the MLS may not reflect all real estate activity in the market. Based on information from State-Wide MLS as of December 2023.

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    “At RPL, our mission is to build lasting success through strong, meaningful relationships - with our clients, colleagues, and community. We believe that true achievement in real estate comes not just from sales, but from the trust and connections we cultivate every day.”

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    President • CEO