5 Lee Street, Providence, RI 02903

• 6 beds |
• 3 baths |
• 2,679 sqft

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.

Listing Status:

Active

Date Added:

April 16, 2026

Data Last Updated:

April 27, 2026 at 8:16PM

Listing Office:

Lenox Realty Group : 401-572-3322

MLS ID:

1410216

Interior

• General: Stall Shower
• Appliances: DryerElectric Water HeaterOvenRangeRefrigeratorWasher
• Laundry: Common Area
• Basement: Exterior EntryFullInterior EntryUnfinished
• Flooring: Ceramic TileHardwood
• A/C: Window Unit(s)
• Heating: BaseboardGas
• Fireplace: Fireplaces: 0

Exterior

• Parking: No GarageParking spaces: 3

Construction

• General: DrywallVinyl Siding3BlockBrick/MortarCombinationConcrete Perimeter

Location

• HOA Amenities: 0.0
• Originating MLS: RIS_RIS
• County: Providence

Lot

• Zoning: 5LEESTPROV

Utilities

• Utilities: Sewer Connected100 Amp Service
• Water: Connected
• Sewer: Connected

Financial

• Source: RIS_RIS