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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.

More Info

Basic Information

  • Mls StatusNew
  • Parcel Number M:095 B:514 L:006,1999903

Tax Information

  • Tax Assessed Value $230,500
  • Tax Year 2016
  • Taxes$3,729

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive
  • Parking Spaces16

Rooms

  • Bathroom10
  • Bathrooms Total Decimal 10
  • Bedrooms10
  • Full Bath10

Basic Information

  • List Price$870,000
  • MLS Number73528485
  • Modification Date06/02/2026
  • Property SubType5-9 Family

Location

  • Address82 Fayette Street
  • Building Number82
  • CountyEssex
  • StateMA
  • StreetFayette Street
  • TownLynn
  • Zip01902

Building

  • Building Area Units Square Feet
  • FoundationConcrete Perimeter
  • Levels 6
  • Rooms22
  • Stories6
  • Units8
  • Year Built1830
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.16

Interior

  • Interior Features Living Room, Kitchen, Dining Room

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 12,612
  • Lot Size Square Feet 6,983
  • Lot Size Units Acres
  • Square Feet12,612

Legal

  • ZoningBD

Other

  • Date Listed06/02/2026
  • Farm Land Area Units Square Feet
  • Special Listing Conditions Short Sale

Map Location

Driving Directions

Listed by MG Group of Century 21 North East

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