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$ 850,000
Est. payment /mo
Price Dropped by $19K
82 Fayette St Lynn, MA 01902
6,969 Sqft Lot
Open House
Tue Jun 23, 4:00pm - 5:00pm
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73528486
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
Prime 8-unit development opportunity in one of Lynn's fastest-growing and high-demand locations. Fully approved and shovel-ready, with foundation work already started, saving valuable time and reducing development risk. Approved plans include a strong unit mix of four single-level residences and four spacious duplex units, featuring 1, 2, 3, and 4-bedroom layouts designed to maximize rental income and resale value. All permits and approvals are in place, allowing construction to continue immediately. Excellent opportunity for investors, builders, or condo developers looking to capitalize on Lynn's booming market, ongoing revitalization, and strong appreciation potential. Rare chance to secure a ready-to-build multi-family project with significant upside and long-term 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
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