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RPL Closes Million-Dollar Sale of Historic East Side Colonial

Residential Properties Ltd. is pleased to announce the sale of 40 Grotto Avenue on Providence’s East Side for $1,725,000. RPL Sales Associate Tom Wegner represented the seller as the listing agent and RPL Sales Associate Gerri Schiffman represented the buyer as the selling agent in this transaction.

According to State-Wide MLS data, RPL is proud to have now participated in 16 of the 22 Providence single-family sales over $1 million this year, including five of the top six highest sales in the city during 2023.

The desirable Grotto neighborhood of Providence’s East Side offers a perfect lifestyle with walkable proximity to Blackstone Boulevard and Wayland Square. This 4-bedroom, 3.5-bath Colonial begins with beautifully manicured landscaping surrounding its brick and clapboard siding. The expansive backyard is a private sanctuary boasting a tranquil patio area and plenty of space for relaxation. Inside, gracious living, dining, and kitchen areas make for memorable entertaining with period charm throughout, while the kitchen provides a center island for more informal gatherings. A luxurious, second-floor primary suite features a spacious bedroom, a walk-in closet, and an exquisite ensuite bath. 

Tom Wegner is a multimillion-dollar producing Realtor®, licensed in RI and MA, who gets you results through precise, current information and a high-touch, high-tech approach. His focus on creative marketing techniques and practiced, data-informed negotiation will work to make your sale or purchase a success. His experience covers everything from white-glove service in the luxury real estate market to representing and guiding first-time homebuyers. Tom is pet and senior friendly and specializes in all types of real estate with extensive knowledge in luxury homes, estate sales, waterfront, antique, and historic homes. For more information about Tom and to view his listings, please visit TomWegnerSellsRI.com.

Gerri Schiffman was ranked as the #2 individual agent throughout all of Providence for total sales volume in 2022 and #2 on the East Side for both sales volume and transactions. She began her career at Residential Properties Ltd. in 1994, and since that time has earned the Circle of Sales Excellence Platinum Plus award every year. Licensed in Rhode Island and Massachusetts, Gerri is recognized as one of the leading Realtors® in Rhode Island and has been a top producer in Providence County every year since 1996. For eight consecutive years, Gerri has earned national recognition by being named to REAL Trends’ list of “America’s Best Real Estate Agents.” Since 2016, she has also been annually voted as a Rhode Island Monthly Five Star Real Estate Professional. This past year, Schiffman was among the top agents in the state with a total of 16 luxury transactions over $1 million. To learn more about Gerri and to view her listings, please visit GerriSchiffman.com or follow her on Instagram @SchiffmanSells.

*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 July 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.”

    Sally Lapides

    President • CEO