82 Fayette St, Lynn, MA 01902
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$870,000
8 Unit
10 Beds
10 Baths
12612 SQFT
0.16 Acre

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.

Property Details tap to expand

Building Information

  • Total Units: 8
  • Total Floors: 6
  • Total Bedrooms: 10
  • Total Full Baths: 10
  • Common Rooms: Dining Room, Kitchen, Living Room

Financial

  • APOD Available: No

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 4 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1830
  • Type: 5-9 Family
  • Foundation Info: Poured Concrete
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73528485
  • Last Updated: 06/02/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/02/2026New$870,000$69MLSPIN
06/02/2026New$869,000MLSPIN
04/30/2026Canceled$869,000MLSPIN
04/30/2026Canceled$870,000$69MLSPIN
04/26/2026Active$869,000MLSPIN
04/20/2026Price Change$869,000MLSPIN
04/20/2026Price Change$8,690,000MLSPIN
03/23/2026Active$870,000MLSPIN
03/22/2026Active$870,000$69MLSPIN
03/19/2026New$870,000MLSPIN
03/18/2026New$870,000$69MLSPIN
11/21/2025Canceled$850,000$67MLSPIN
11/10/2025Active$850,000$67MLSPIN
11/06/2025New$850,000$67MLSPIN

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Seller's Representative: MG Group, Century 21 North East
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-06-02 15:30:00

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