5 Lee St

Providence, RI 02903

$659,000
Price
6
Beds
2,679 Sq. Ft.
$246 / Sq. Ft.
2,679
Sq. Ft.
$246
per Sq. Ft.
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New
New

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...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.
  1. Listed by Nicola Francis • Brokerage DRE #REB.0016894 • Lenox Realty Group
    P: (617)-447-9312 Nicola@lenoxproperty.com

Amenities

  • Air Conditioning
  • Baseboard Heating
  • Basement
  • Ceramic Floors
  • Common Laundry
  • Dryer
  • Electric Oven
  • Full Basement
LISTING UPDATED: 04/16/2026 05:49 PM

Property Details for 5 Lee Street

StatusActive
MLS #1410216
Days on Market1
Taxes$7,897 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1920
Lot Size0.05 AC / 2,040 SF
CountyProvidence County
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Location

Listing Courtesy of Lenox Realty Group
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Building Information for 5 Lee Street

Stories3Residences3Year Built1920Building Size-Lot Size0.05 AC / 2,040 SF

Payment Calculator

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$3,976 per month

30 year fixed, 6.46% Interest

Principal and Interest

$3,318

Property Taxes

$658

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5 Lee Street

Summary
Location and General Information
  • City: Providence
  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
  • Postal City: Providence
  • Postal Code: 02903
  • State Or Province: RI
  • Human Modified Y N: Yes
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 3
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Annual Amount: $7,897.40
  • Tax Assessed Value: 564100
  • Tax Lot: 173
  • Tax Map Number: 28
  • Tax Year: 2025
Property
Lot Information
  • Above Grade Fin SQFT: 2679.0
  • Building Area Total: 2679.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.0468
  • Lot Size Area: 2040.0
  • Lot Size Square Feet: 2040.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 5LEESTPROV
  • Stories Total: 3
  • Structure Type: Apartment
Property and Assessments
  • New Construction Y N: No
  • Number Of Units Total: 3
  • Property Sub Type: MultiFamily
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1920
Utilities
  • Electric: Amps100
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected
Interior and Exterior Features
Exterior Features
  • Foundation Details: Block, Brick Mortar, Combination, Concrete Perimeter
Interior Features
  • Appliances: Dryer, Electric Water Heater, Oven, Range, Refrigerator, Washer
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 6
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Ceramic Tile, Hardwood
  • Heating: Baseboard, Gas
  • Heating Y N: Yes
  • Interior Features: Stall Shower
  • Laundry Features: Common Area
  • Rooms Total: 15
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Rental
Rental Information
  • Land Lease Y N: No

Property History for 5 Lee Street

DateEvent & SourcePriceAppreciation
Apr 16, 2026

Listed (Active)

Rhode Island Association of REALTORS® #1410216

$659,000—
Aug 6, 1997

Sold

Rhode Island Association of REALTORS® #708445

$47,000—
Jul 28, 1997

Contract Signed

Rhode Island Association of REALTORS® #708445

—
May 1, 1997

Listed (Active)

Rhode Island Association of REALTORS® #708445

$59,900—
DateEvent & SourcePrice
04/16/2026

Listed (Active)

Rhode Island Association of REALTORS® #1410216

$659,000
08/06/1997

Sold

Rhode Island Association of REALTORS® #708445

$47,000
07/28/1997

Contract Signed

Rhode Island Association of REALTORS® #708445

—
05/01/1997

Listed (Active)

Rhode Island Association of REALTORS® #708445

$59,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5 Lee Street

Taxable ValueLand$253,600Additions$310,500Total$564,100
Tax Record2025$7,897 ($658 / month)
Home Facts
Baths3Total Finished SqFt2,084 SqFtAbove Grade Finished SqFt2,084 SqFtUnfinished Basement SqFt893 SqFtStories2Lot Size2,040 SqFtStyleTriplexYear Built1920ZoningR-3CountyPROVIDENCEAPNPROV M:28 L:173

Schools near 5 Lee Street

This home is within Providence School District.
Rating
School
Type
Grades
Distance
West Broadway Middle School
Public - 5 to 8
Educare I
Public - 9 to 12
Classical High School
Public - 9 to 12
Asa Messer Elementary School
Public - PK to 4
Rating
School
Distance
West Broadway Middle School
Public5 to 8

Educare I
Public9 to 12

Classical High School
Public9 to 12

Asa Messer Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 5 Lee Street, Providence, RI 02903

5 Lee Street is a multi-family home for sale in Providence, RI 02903. This property was listed for sale on April 16, 2026 by Lenox Realty Group, it's currently listed at $659,000. It has been on the market for a total of 1 days and was last sold on August 6, 1997. This listing's school district is Providence School District. Nearby schools include West Broadway Middle School, Educare I and Classical High School. 5 Lee Street is a 6-bed, 3-bath, 2,679 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lenox Realty Group

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.