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82 Fayette St, Lynn MA 01902

Lynn, MA 01902
$870,000
Est. $4,910/month
10
Beds
10
Baths
12,612
Sq Ft
$69
Price/Sq Ft
0.16
Acres
1830
Year Built
11 hours 45 minutes
Time on Market
Active Listed Jun 2, 2026 • MLS# 73528485 Copied!

About this home

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.

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Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1830
Bedrooms
10
Full Bathrooms
10
Living Area
12,612 sq ft
Total Rooms
22
Stories
6
Levels
6

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1830
Living Area 12,612 sq ft
Lot Size 0.16 acres
Bedrooms 10
Full Baths 10
Total Rooms 22

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features Living Room, Kitchen, Dining Room

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Paved Drive
Total Spaces 16

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $3,729
Assessed Value $230,500

Interior Features

Flooring:
Appliances:
Interior Features: Living Room, Kitchen, Dining Room
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1830
Structure Type:
Exterior Materials:
Roof:
Foundation: Concrete Perimeter
Stories: 6

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 16
Parking Features: Paved Drive

Location

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Neighborhood

82 Fayette St, Lynn MA 01902

Lynn, MA 01902

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $311
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Jun 2, 2026
$870,000
Original listing
Agent: MG Group Office: Century 21 North East

Price & Status History

Date Event Price Change
Jun 2, 2026 New Listing Added $870,000
Jun 2, 2026 Sold $869,000

Market Statistics

Time on Market
11 hours 45 minutes
Price per Sq Ft
$69

Tax History

Year Taxes Assessment
2016 $3,729 $230,500

Financial Details

Annual Property Tax
$3,729
Tax Year 2016
Assessed Value
$230,500

Listing Information

Listing Agent MG Group
Listing Office Century 21 North East
Agent MLS ID TM340461
Office MLS ID AN4345
Listing Data Updated Jun 2, 2026 3:30 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steven Novak

Steven Novak

BMN Boston Real Estate

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