BEDS10
BATHS10 full
SQUARE FEET12,612
MLS#73528485
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Rare shovel-ready 8-unit development opportunity in one of Lynns 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 todays market.
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 0.16 Acres
Stories: 6.0
Taxes: $3,729
Year Built: 1830
Amenities
Living Room
Kitchen
Dining Room
Feature Descriptions
Building Area Total: 12612
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: 1
Dwelling Type: 5-9 Family
Open Parking Y/N: Yes
Parcel Number: M:095 B:514 L:006,1999903
Parking Features: Paved Drive
Parking Total: 16
Rooms Total: 22
Sewer: Public Sewer
Units: 8
Water: Public
Listed By / Shown By
Listed By
Agency Name: Century 21 North East
Agent Name: MG Group
Agency Phone: 617-389-1129
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 2,500.74 per month $1,936.24 Principal & Interest $310.75 Property Tax $253.75 Homeowner's Insurance
82 Fayette St | MLS# 73528485
This multi-family property located at 82 Fayette St, Lynn, MA 01902 is currently listed for sale with an asking price of $870,000. Search Lynn real estate on www.masiellogrouprealestate.com today.