5 Lee Street, Providence, RI 02903

Providence
Local realty services provided by:ERA Empire Real Estate
5 Lee Street,Providence, RI 02903
$629,000
  • 6 Beds
  • 3 Baths
  • 2,679 sq. ft.
  • Multi-family
  • Active
Listed by: nicola francis
Office: lenox realty group
MLS#:1411214
Source:RI_STATEWIDE

Price summary

  • Price:$629,000
  • Price per sq. ft.:$234.79

About this home

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.

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Home facts

  • Year built:1920
  • Listing ID #:1411214
  • Added:15 day(s) ago
  • Updated:May 14, 2026 at 02:00 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:15
  • Flooring:Ceramic Tile, Hardwood
  • Kitchen Description:Oven, Range, Refrigerator
  • Basement:Yes
  • Basement Description:Exterior Entry, Full, Interior Entry, Unfinished
  • Living area:2,679 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Baseboard, Gas

Structure and exterior

  • Year built:1920
  • Building area:2,679 sq. ft.
  • Lot area:0.05 Acres
  • Construction Materials:Drywall, Vinyl Siding
  • Foundation Description:Block, Brick Mortar, Combination, Concrete Perimeter

Utilities

  • Water:Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$629,000
  • Price per sq. ft.:$234.79
  • Tax amount:$7,897 (2025)

Features and amenities

  • Appliances:Range, Refrigerator, Washer
  • Laundry features:Common Area, Dryer, Washer
  • Amenities:Electric Water Heater

Parking

  • Total parking spaces:3
  • Parking description:No Garage
MLS LogoThe data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than ERA Empire Real Estate are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 State-Wide MLS, Inc. All rights reserved. Date Last Update: May 14, 2026

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