aisellshomes.space

$850,000

Active

82 Fayette St

Lynn, MA, 01902

Land · MLS #73528486

Days on market

10 days

Lot size

0.16 ac

0.16 acres

Lot

About this home

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.

Price history

  1. Listed

    Jun 3, 2026 · 10 days ago

    $869,000

  2. Price reduced

    Jun 5, 2026 · 8 days ago

    $850,000

    Price upon request (-2.2%)

Location

82 Fayette St, Lynn, MA, 01902

Property details

Electric
110 Volts

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

$5,502 / month

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

Loan term

Principal & interest
$4,298
Property tax
$850
Home insurance
$354

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).