Space, style, and rental income come together at this two-family property in Lynn’s Pine Hill neighborhood. Each unit offers three bedrooms and one bathroom, with Unit 1 to be delivered vacant and Unit 2 currently occupied at $3,000 per month an appealing opportunity for an owner-occupant seeking income to help offset expenses or an investor expanding their portfolio. Both units have lead paint treated certificates. Unit 1 features bright, connected living and dining areas with hardwood floors, recessed lighting, and large windows that welcome natural light. The kitchen offers white cabinetry, a tile backsplash, and a stainless steel gas range. A standout bathroom pairs a wood-tone vanity with a glass-enclosed tiled shower, rainfall shower-head, and contemporary black fixtures. A covered front porch and classic bay-window architecture add character to the exterior. With an established tenancy in Unit 2 and the flexibility to occupy or rent the vacant first unit, 5 Forest Hill Avenue offers a compelling combination of comfortable living and income potential.
This home has been viewed 10 times
Last Checked: October 12th, 2026 at 6:38am (Source: MLS PIN #73587775)
Gross Income: $36,000
Gross Expenses: $7,347
Net Income Calc: $28,653
Annual Expenses for 5 Forest Hill Ave, Lynn MA 01904
Total Gross Expenses (Calculated)$7,347/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7347
Annual Income & Unit Breakdown for 5 Forest Hill Ave, Lynn MA 01904
Total Gross Income (Calculated)$36,000
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 5 Forest Hill Ave, Lynn MA 01904
Listing ID73587775
Property TypeMulti Family
Price819900 ($330.34/SqFt)
StyleMulti Family
CityLynn
CountyEssex
Neighborhood(s)
Approximate Living Area Total2482
Approximate Lot Size (Acres)0.09
Total Parking2
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningR2
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 5 Forest Hill Ave, Lynn MA 01904
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsBlack Light Fixture Above Storage Bench In Kitchen.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 5 Forest Hill Ave, Lynn MA 01904
Real Estate Taxes7347
Tax Year2026
Assessed Value$713,340
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 5 Forest Hill Ave, Lynn MA 01904
Neighborhood(s)
Area Amenities
Contact Information for 5 Forest Hill Ave, Lynn MA 01904