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Canceled

82 Fayette St, Lynn MA 01902

$870,000

Estimated $1,721/month Calculator

Multi Family

Total Units: 8

Price Per Unit: $108,750

Total Rent: 0/year

Estimated CAP Rate:

10 Bedrooms

Baths

12612

Total Parking: 16

6,983 (0.16)

Exceptional shovel-ready development at 82 Fayette Street, located in one of Lynn’s fastest-growing and revitalizing areas. This fully permitted 8-unit new construction project already has foundation work in progress, significantly reducing timeline and upfront risk.The thoughtfully designed building features four well-appointed single-level units on the first floor and four expansive duplex residences above, offering a desirable mix of 1, 2, 3, and 4-bedroom layouts to capture a wide tenant and buyer pool.All approvals are secured, allowing immediate continuation of construction. This is a rare opportunity to deliver modern, high-end housing in a market with strong rental demand and continued appreciation.Positioned for maximum return, this project is ideal for investors seeking long-term cash flow, condo conversion potential, or resale profit in a prime location with proven growth trajectory.

This home has been viewed 6 times

Last Checked: May 1st, 2026 at 4:29am (Source: MLS PIN #73488526)

Gross Income: $0

Gross Expenses: $3,729

Net Income Calc: $3,729

Water Views

Annual Expenses for 82 Fayette St, Lynn MA 01902

Total Gross Expenses (Calculated)$3,729/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax3729

Annual Income & Unit Breakdown for 82 Fayette St, Lynn MA 01902

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms1

Bathrooms2 Full

Floor1

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

LeaseN

Bedrooms1

Bathrooms2 Full

Floor1

Levels in Unit1

Rent Includes

General Information for 82 Fayette St, Lynn MA 01902

Listing ID73488526

Property TypeMulti Family / 5+ Family

Price870000 ($68.98/SqFt)

Style5-9 Family

CityLynn

CountyEssex

Neighborhood(s)

Approximate Living Area Total12612

Approximate Lot Size (Acres)0.16

Total Parking16

Garage Parking0

Year Built1830

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningBD

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 82 Fayette St, Lynn MA 01902

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSome Of The Sellers' Personal Items Are Not Included In The Sale.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)Lender Owned

Compensation Based On

Financial Information for 82 Fayette St, Lynn MA 01902

Real Estate Taxes3729

Tax Year2016

Assessed Value$230,500

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 82 Fayette St, Lynn MA 01902

Neighborhood(s)

Area Amenities

Contact Information for 82 Fayette St, Lynn MA 01902

Agent

Name: MG Group

Office

Name: Century 21 North East

Phone: 617-389-1129

Team Members

Name: Maria Silveira

Payment Calculator

, Interest

Property Taxes 310.75

Principal & Interest 5360.66

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 North East

MG Group

Agent Phone

Office Phone

(617) 389-1129

Text Agent Call Agent Call Office

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    [unparsed] => 82 Fayette St, Lynn MA 01902
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EXIT

6 More Photos

Canceled

82 Fayette St, Lynn MA 01902

$870,000

Annual Expenses for 82 Fayette St, Lynn MA 01902

Annual Income & Unit Breakdown for 82 Fayette St, Lynn MA 01902

General Information for 82 Fayette St, Lynn MA 01902

Disclosures for 82 Fayette St, Lynn MA 01902

Financial Information for 82 Fayette St, Lynn MA 01902

Location Information for 82 Fayette St, Lynn MA 01902

Contact Information for 82 Fayette St, Lynn MA 01902

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Century 21 North East

MG Group