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82 Fayette St

Lynn, MA 01902

$850,000 $3,583/Mo

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Overview

0.16

Acre(Lot)

Description

Prime 8-unit development opportunity in one of Lynn’s fastest-growing and high-demand locations. Fully approved and shovel-ready, with foundation work already started, saving valuable time and reducing development risk. Approved plans include a strong unit mix of four single-level residences and four spacious duplex units, featuring 1, 2, 3, and 4-bedroom layouts designed to maximize rental income and resale value. All permits and approvals are in place, allowing construction to continue immediately. Excellent opportunity for investors, builders, or condo developers looking to capitalize on Lynn’s booming market, ongoing revitalization, and strong appreciation potential. Rare chance to secure a ready-to-build multi-family project with significant upside and long-term return potential.

Property Details

Property Type : Land

Price : $850,000

AD Id : 79855483

MLS Id : 73528486

Lot Size : 0.16 Acre(Lot)

County : Essex

Map

What's Nearby

Nearby Areas

Features

Heating & Cooling

WaterSource: Public

Lot Information

Lot Description: Level Lot Size Area: 0.16 Lot Size Units: Acres Lot Square Feet: 6,983 Lot Acres: 0.16 Main Square Feet: 0.16

Property Information

Property Type: Land Sub Type: Residential

Listing Price Information

Original Listing Price: $869000

Tax Information

Parcel Number: M:095 B:514 L:006,1999903 Annual Tax: $3729

Location Information

Direction: map question

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ByOwner last updated this listing 06/06/2026 @ 18:39

MLS: 73528486 LISTED BY: MG Group, Century 21 North East 617-389-1129 SOURCE: MLS Property Information Network