$590,000
$609,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
5 Lee ST Providence, RI 02903
6 Beds
3 Baths
2,679 SqFt
Key Details
Sold Price $590,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,679 sqft
Price per Sqft $220
Subdivision Federal Hill
MLS Listing ID 1411214
Sold Date 07/10/26
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 with market rents being $2000-$2400 a month for this area., 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
Community Federal Hill
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
Financing FHA,VA
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Bought with Lenox Realty Group
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