LOT SIZE 0.160 acres
MLS#73489019
STATUSActive
PROPERTY TYPELand - Residential
Property Description
Approved 8-unit development opportunity at 82 Fayette Street in Lynns 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.
Property Features
Property Type: Land - Residential
Lot Size: 0.16 Acres
Taxes: $3,729
Feature Descriptions
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 34
Electric: On-Site
Electric On Property: Yes
Lot Features: Level
Parcel Number: M:095 B:514 L:006,1999903
Rental Term: Monthly
Sewer: Public Sewer
Water: Public
Listed By / Shown By
Listed By
Agency Name: Century 21 North East
Agency Phone: 617-389-1129
Agent Name: MG Group
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 22,185.51 per month $19,340.17 Principal & Interest $310.75 Property Tax $2,534.58 Homeowner's Insurance
82 Fayette St | MLS# 73489019
This land located at 82 Fayette St, Lynn, MA 01902 is currently listed for sale with an asking price of $8,690,000. The property has approximately 0.16 Acres. Search Lynn real estate on www.masiellogrouprealestate.com today.