5 Lee ST, Providence, RI 02903
5 Lee ST, Providence, RI 02903
5 Lee ST, Providence, RI 02903
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$609,000
Est. payment /mo
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6 Beds
3 Baths
2,679 SqFt
Price Dropped by $20K

5 Lee ST Providence, RI 02903

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Eric Coury

Eric Coury

Keller Williams Elite

+1(508) 838-6956

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,679 sqft

Price per Sqft $227

MLS Listing ID 1411214

Bedrooms 6

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 2,679

Year Built 1920

Annual Tax Amount $7,897

Tax Year 2025

Lot Size 2,038 Sqft

Acres 0.0468

Property Sub-Type Multi Family

Property Description

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.

Location

State RI

County Providence

Rooms

Basement Exterior Entry, Full, Interior Entry, Unfinished

Interior

Interior Features Stall Shower

Heating Baseboard, Gas

Cooling Window Unit(s)

Flooring Ceramic Tile, Hardwood

Fireplaces Type None

Fireplace No

Appliance Dryer, Electric Water Heater, Oven, Range, Refrigerator, Washer

Laundry Common Area

Exterior

Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping

Utilities Available Sewer Connected

Total Parking Spaces 3

Garage No

Building

Foundation Block, Brick/Mortar, Combination, Concrete Perimeter

Sewer Connected

Water Connected

Structure Type Drywall,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 5LEESTPROV

© 2026 State-Wide Multiple Listing Service. All rights reserved.
Listed by Lenox Realty Group
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Tricia Coury
Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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Tricia Coury

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+1(508) 838-6956

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Keller Williams Elite, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.