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
$ 8,690,000
Est. payment | /mo
6,969 Sqft Lot
$ 8,690,000
Est. payment | /mo
6,969 Sqft Lot
Open House
Thu Apr 23, 3:00pm - 4:00pm
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73489019
HOA Y/N false
Annual Tax Amount $3,729
Tax Year 2016
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Residential
Property Description
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.
Location
State MA
County Essex
Zoning BD
Direction map question
Building
Lot Description Level
Sewer Public Sewer
Water Public
Others
Senior Community false
Special Listing Condition Short Sale
Listed by Century 21 North East
Nearby Locations