REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 870,000
Est. payment /mo
New
82 Fayette St Lynn, MA 01902
10 Beds
10 Baths
12,612 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,612 sqft
Price per Sqft $68
MLS Listing ID 73528485
Bedrooms 10
Full Baths 10
Year Built 1830
Annual Tax Amount $3,729
Tax Year 2016
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type 5-9 Family
Property Description
Rare shovel-ready 8-unit development opportunity in one of Lynn's 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 today's market.
Location
State MA
County Essex
Zoning BD
Direction map question
Interior
Interior Features Living Room, Kitchen, Dining Room
Exterior
Total Parking Spaces 16
Garage No
Building
Story 6
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Others
Senior Community false
Special Listing Condition Short Sale
Listed by Century 21 North East