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INVESTMENT SNAPSHOT
About this property
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.
Property details
| Units | 2 |
| Living area | 2,482 sqft |
| Lot size | 3,768 sqft |
| Year built | 1900 |
| Price / sqft | $330 |
| County | Essex |
| MLS # | 73587775 |
Listing status
| Days on market | 0 days |
| Listed on | October 7, 2026 |
Taxes & financials
| Annual property tax | $7,347 |
| Tax year | 2026 |
| Assessed value | $713,340 |
| Zoning | R2 |
| Gross income (actual) | $36,000/yr |
| Net operating income (actual) | $36,000/yr |
| Total actual rent | $3,000/mo |
Building & lot
| Stories | 2 |
| Total rooms | 12 |
| Lot size | 0.09 acres |
| Garage spaces | 0 |
| Parking spaces | 2 |
| Parking | Paved Drive |
| Basement | Full, Interior Entry, Concrete |
| Foundation | Stone, Brick/Mortar |
| Construction | Frame |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Lynn →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 5 Forest Hill Ave, Lynn MA 01904 have?
It is a 2-unit multi-family property with 2,482 sqft of living area, built in 1900.
How long has 5 Forest Hill Ave, Lynn MA 01904 been on the market?
5 Forest Hill Ave, Lynn MA 01904 has been listed for 0 days (since October 7, 2026).
What is the price per unit?
At a list price of $819,900 across 2 units, that works out to roughly $409,950 per unit.
What are the property taxes on 5 Forest Hill Ave, Lynn MA 01904?
Annual property taxes are $7,347 (2026), on an assessed value of $713,340.
What is the price per square foot?
At $819,900 for 2,482 sqft, that's about $330 per square foot.
Is there parking?
2 total parking spaces (paved drive).
Where is this property located?
5 Forest Hill Ave, Lynn MA 01904 is in Lynn, Essex County, MA 01904.
