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.
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Last Checked: June 9th, 2026 at 6:38am (Source: MLS PIN #73528486)
General Information for 82 Fayette St, Lynn MA 01902
Listing ID73528486
Price850000
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
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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