5 Lee ST, Providence, RI 02903
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5 Lee ST, Providence, RI 02903
5 Lee ST, Providence, RI 02903
5 Lee ST, Providence, RI 02903
5 Lee ST, Providence, RI 02903
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Emilio DiSpirito

Emilio DiSpirito

+1(401) 359-2338
$ 609,000
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Price Dropped by $20K

5 Lee ST Providence, RI 02903

6 Beds

3 Baths

2,679 SqFt

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

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Listed by Lenox Realty Group

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Emilio DiSpirito

Emilio DiSpirito

License Partner | Private Office Advisor | License ID: S35582

+1(401) 359-2338

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5 Lee ST