Approved 8-unit development opportunity at 82 Fayette Street in Lynn’s rapidly growing and revitalizing market. This shovel-ready project is fully permitted with foundation work already underway, reducing both timeline and upfront risk. The approved plans feature four single-level units on the first floor and four spacious duplex units above, offering a versatile mix of 1, 2, 3, and 4-bedroom layouts to maximize market appeal. All approvals are secured, allowing immediate continuation of construction. Ideal for investors seeking strong rental income, condo conversion potential, or resale profit, this project is positioned in a high-demand location with continued appreciation and excellent return potential.
This home has been viewed 6 times
Last Checked: May 1st, 2026 at 4:29am (Source: MLS PIN #73489019)
General Information for 82 Fayette St, Lynn MA 01902
Listing ID73489019
Price869000
Land TypeResidential
Approx AcresApprox. 0.16 acres (6,983 SqFt)
Number of Lots
Road Frontage Type
ZoningBD
Electric220 Volts
GasOn-Site
WaterPublic
SewerPublic Sewer
PERC Test
Association Required
Association Fee
Lot FeaturesGentle Sloping
Waterfront0
Waterfront Features
View
Disclosures for 82 Fayette St, Lynn MA 01902
Special Listing ConditionsLender Owned
Financial Information for 82 Fayette St, Lynn MA 01902
Association Fee
Tax3729
Tax Year2016
Assessed Value$230,500
Contact Information for 82 Fayette St, Lynn MA 01902