aisellshomes.space

$850,000

Active

82 Fayette St

Lynn, MA, 01902

Multi-Family · MLS #73528485

Price/sqft

$67

Days on market

10 days

Year built

1830

Lot size

0.16 ac

12,612 sq ft

Sq Ft

0.16 acres

Lot

1830

Year Built

Taxes: $3,729 (2016)

About this home

Rare shovel-ready 8-unit development opportunity in one of Lynn’s hottest and fastest-appreciating markets. Fully approved with foundation work already underway, this project offers a major head start for developers looking to move quickly and capitalize on strong demand. Plans feature an ideal unit mix with four modern single-level residences and four oversized duplex units, including 1, 2, 3, and 4-bedroom layouts designed to maximize rental income and resale potential. All permits and approvals are secured for immediate continuation of construction. Exceptional opportunity for investors, builders, or condo developers seeking strong cash flow, high resale margins, and long-term appreciation in a rapidly transforming location. Turnkey development opportunities with approvals already in place are increasingly rare in today’s market.

Price history

  1. Listed

    Jun 3, 2026 · 10 days ago

    $870,000

  2. Price reduced

    Jun 5, 2026 · 8 days ago

    $850,000

    Price upon request (-2.3%)

Location

82 Fayette St, Lynn, MA, 01902

Listed by MG Group · Century 21 North East

Schedule a showing

82 Fayette St

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$4,963 / month

Down payment20% · $170,000
Interest rate6.50%

Loan term

Principal & interest
$4,298
Property tax
$311
Home insurance
$354

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.

Compare

Similar homes in Lynn