5 Lee St Providence, RI 02903
Federal Hill NeighborhoodEstimated payment $3,890/month
Highlights
- Wood Flooring
- Window Unit Cooling System
- Shops
- Recreation Facilities
- Public Transportation
- 2-minute walk to St John's Park
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 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,897
Year Built
- Built in 1920
Home Design
- Brick Foundation
- Combination Foundation
- Block Foundation
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,679 Sq Ft Home
- 3-Story Property
Kitchen
- Oven
- Range
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 3 Parking Spaces
- No Garage
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- Baseboard Heating
- 100 Amp Service
- Electric Water Heater
Additional Features
- 2,040 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- Tax Lot 173
- Assessor Parcel Number 5LEESTPROV
Community Details
Overview
- 3 Units
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Recreation Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,897 | $564,100 | $253,600 | $310,500 |
| 2024 | $7,624 | $415,500 | $204,900 | $210,600 |
| 2023 | $7,624 | $415,500 | $204,900 | $210,600 |
| 2022 | $7,396 | $415,500 | $204,900 | $210,600 |
| 2021 | $5,821 | $237,000 | $130,700 | $106,300 |
| 2020 | $5,821 | $237,000 | $130,700 | $106,300 |
| 2019 | $5,821 | $237,000 | $130,700 | $106,300 |
| 2018 | $4,347 | $136,000 | $75,600 | $60,400 |
| 2017 | $4,347 | $136,000 | $75,600 | $60,400 |
| 2016 | $4,347 | $136,000 | $75,600 | $60,400 |
| 2015 | $4,068 | $122,900 | $75,600 | $47,300 |
| 2014 | $4,148 | $122,900 | $75,600 | $47,300 |
| 2013 | $4,148 | $122,900 | $75,600 | $47,300 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/29/2026 05/29/26 | Pending | -- | -- | -- |
| 05/15/2026 05/15/26 | Price Changed | $609,000 | -3.2% | $227 / Sq Ft |
| 04/28/2026 04/28/26 | For Sale | $629,000 | -- | $235 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $47,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $89,600 | No Value Available | |
| Open | $154,700 | No Value Available |
Source: State-Wide MLS
MLS Number: 1411214
APN: PROV-280173-000000-000000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2026 State-Wide MLS, Inc. All rights reserved.
- 74 Sutton St
- 333 Atwells Ave Unit 210
- 102 Vinton St
- 124 Vinton St
- 159 Sutton St
- 156 Vinton St
- 35 Kenyon St Unit 3
- 77 Penn St
- 236 Broadway
- 104 Tell St
- 24 Vernon St Unit B
- 358 Carpenter St Unit 9
- 532 Kinsley Ave Unit 303
- 1268 Westminster St Unit 300
- 86 Tobey St
- 1403 Westminster St Unit E
- 1447 Westminster St Unit 1C
- 28 Wolcott St
- 1000 Providence Place Unit 286
- 1000 Providence Place Unit 374
Ask me questions while you tour the home.