Price Reduced 3.18%
Price History
$629,000
4/28/2026
$609,000
5/15/2026
5 Lee Street, Providence, RI, 02903
15 rooms
6 beds
3 Full baths
1920
Discover an outstanding investment opportunity at 5 Lee St, a legally conforming three-family residence located in Federal Hill. This is clean and well-maintained three-family home, officially updated with a recently obtained certificate of occupancy (CO) for legal conformance. The building features three well-sized two-bedroom units and currently has below market rents, presenting significant potential for immediate rental growth and maximizing your return on investment. The property is up to date with lead conformance with all lead certificates being up to date. All tenants are long-term residents and are currently on month-to-month contracts. The property is ideally situated just steps from the popular shops and renowned restaurants that Atwells Ave, Broadway, and Federal Hill have to offer, making it a popular destination for qualified tenants.
Status:
Active
Type:
Multi-family
Laundry Remarks:
Common Area
Units:
3
Garage:
No Garage
Heating:
Baseboard, Gas
Cooling:
Window Unit(s)
Basement:
Exterior Entry, Full, Interior Entry, Unfinished
Parking:
3-car
Acreage:
0.05
Est. Taxes:
$7,897
Assessment
$564,100
Construction
Drywall,Vinyl Siding
Utilities
Sewer Connected
Amenities:
Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
Days on Market:
28
Appliances:
Dryer, Electric Water Heater, Oven, Range, Refrigerator, Washer
MLS #:
1411214
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Lenox Realty Group 401-572-3322