Approved 8-unit development opportunity at 82 Fayette Street in Lynn’s 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.
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- 3 windows have maintenance issues.See Seller's Disclosure.
- Electric Feature:
- On-site
- Gas:
- On-site
- Tax Year:
- 2016
- Status:
- Active
- Zoning:
- BD
- Orig Price:
- $870,000
- Waterfront:
- No
- MlsStatus:
- New
- City:
- Lynn
- State:
- MA
- County:
- Essex
- Postal Code:
- 01902
- Longitude:
- W71° 3' 48.4''
- Latitude:
- N42° 28' 11.2''
Land
82 Fayette St, Lynn, Massachusetts
- Property Type :
- Land
- Listing Type :
- For Sale
- Price :
- $870,000
- Lot Area :
- 0.10 Acre
- Listing ID :
- 73489019
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com