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82 Fayette St

Lynn, MA 01902
  • $850,000
  • STATUS: Active
  • MLS #: 73528485
Short Sale
$850,000
  • 10
    BEDS
  • 0.16
    ACRES
  • 10
    BATHS
  • 0
    1/2 BATHS
  • 12,612
    SQFT
  • $67
    $/SQFT
Type:
Multi-Family
Built:
1830
County:

School Ratings & Info

Listing courtesy of Mg Group of Century 21 North East.

Description

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.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2026-07-13T00:03:32.423.
www.gillachgroup.com/homes/177164887
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82 Fayette St Lynn, MA 01902

  • Price: $850,000
  • Status: Active
  • On Site: Days
  • MLS #: 73528485
10
Beds
10
Baths
0
½ Baths
0.16
Acres
12,612
SQFT
$67
$/SQFT
1830
Built
County:
Essex
Property Description
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.
Exterior Features

Covered Spaces 0 Garage YN No Levels 6 Open Parking YN Yes Parking Features Paved Drive Parking Total 16 Spa YN No Waterfront YN No

Interior Features

Building Area Total 12612 Fireplace YN No Fireplaces Total 0 Foundation Details Concrete Perimeter Interior Features Living RoomKitchenDining Room Lead Paint Unknown Rooms Total 22

Property Features

Disclosures plans attached*** Home Warranty YN No Property Sub Type 5-9 Family Senior Community YN No Sewer Public Sewer Special Listing Conditions Short Sale Tax Annual Amount 3729 Tax Year 2016 Total Actual Rent 0 Water Source Public Year Built Details Approximate Zoning BD

Listing information © 2026 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Mg Group of Century 21 North East: 617-389-1129.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2026-07-13T00:03:32.423.
 
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The Gillach Group | William Raveis Real Estate
191 Grove Street
Chestnut Hill MA, 02467
Listing courtesy of Mg Group of Century 21 North East.