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RPL Completes $3.14M Sale of Historic East Side Colonial

Residential Properties Ltd. takes pleasure in announcing the sale of 730 Elmgrove Avenue on Providence’s East Side for $3.14 million. RPL Sales Associate Michael J. Sweeney of the Sweeney Advisory Group represented the seller as the listing agent and RPL Sales Associate Derek Simpson represented the buyer as the selling agent in this transaction.  

According to State-Wide MLS data, this is the highest single-family home sale in Providence’s Blackstone neighborhood year to date. RPL has now listed 19 of the 25 highest single-family home sales in Providence so far this year. In addition to completing this sale, the fifth-highest year to date in Providence, Simpson and Sweeney both also recently participated in Providence’s third-highest single-family home sale in Providence ever recorded, 30 Freeman Parkway.

Elegant East Side living is brought to vivid reality in this 6-bedroom, 4.2-bath, brick Neo Georgian-style home on a 10,000 sq.-ft. lot. The custom-built solid mahogany front door and gorgeous entrance hall set an impressive yet welcoming tone. Dining and living rooms with hardwood floors, elegant moldings, and two wood-burning fireplaces with marble surrounds continue the elegant style. The chef’s kitchen offers stone counters, custom cabinetry, a Wolf 6-burner range, and Sub-Zero refrigerator with fridge drawers. The family room features an atrium-style skylight adding more sunlit living space. Mahogany woodworking heightens the rotunda room with a built-in bar and window seat. A sizable bluestone patio delights guests as does the grassy side yard. Upstairs, the owner’s suite has a large walk-in closet and spa bath with glass shower, jacuzzi tub, and two separate vanity areas with custom millwork. 

Pairing boutique service with large-firm resources and experience, The Sweeney Advisory offers deft market knowledge and unique strategic consultation. Led by Michael J. Sweeney with Ali Bazar as Director of Operations and Christina Rosciti as Senior Associate, The Sweeney Advisory represents and transacts on behalf of buyers, sellers, investors, and developers looking for special opportunities. The Sweeney Advisory is proud to be included in the Wall Street Journal/RealTrends Verified list of the nation’s most successful real estate professionals. Michael J. Sweeney has earned the RI Monthly Professional Excellence in Real Estate Award and has been a 5 Star Professional Real Estate Agent since 2019. Michael has been the recipient of the GPBOR Circle of Excellence Platinum Plus Award for the past 5 consecutive years and ranks in the top 1.5% of Agents nationwide. For more information about Michael, The Sweeney Advisory, and their listings, please visit SweeneyAdvisory.com

A lifelong Rhode Islander, Derek Simpson’s passion for real estate and design began at a young age. Today, he is a skilled real estate advisor who ensures long-term client success by building trust and creating well-rounded portfolios. Beginning in 2012, he spent a decade purchasing and flipping units in downtown Providence before completing his first home flip on the East Side in 2022. In addition to his impressive record of selling high-rise condos throughout RI, he has a true gift for preserving the character of historic homes while tastefully updating them for modern needs. To learn more about Derek and to view his listings, please visit DerekSimpson.ResidentialProperties.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 June 2024. 

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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.”

    Sally Lapides

    President • CEO