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.
Listed by Maria Silveira
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Century 21 North East
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781-241-3228
Listed by Gesiane Soares
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Century 21 North East
Listed by MG Group
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Century 21 North East
Last updated June 08, 2026
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Source: MLSPin #73528485
Listing Facts
TypeMulti-family
NeighborhoodFayette Street
Bedrooms10
Bathrooms10
Days on Prevu13
Taxes$3,729/year
Size12,612 sqft
Price per sqft$67
Amenities
Parking
Location
Mortgage Calculator
Listing History
06/04/2026
Price Decreased
$850,000
06/02/2026
Listed by Century 21 North East
$870,000
Property Details for 82 Fayette St
Exterior
Construction
Number Of Units Total: 8
Stories: 6
Stories Total: 6
Year Built: 1830
Year Built Details: Approximate
Measurements
Building Area Total: 12,612
Building Area Units: Square Feet
Lot Size Acres: 0.16
Lot Size Area: 0
Lot Size Square Feet: 6,983
Lot Size Units: Acres
Financial
Taxes
Parcel Number: M:095 B:514 L:006,1999903
Tax Annual Amount: $3,729.00
Tax Assessed Value: $230,500.00
Tax Year: 2016
Interior
Features
Interior Features: Living Room, Kitchen, Dining Room
Measurements
Living Area: 12,612
Living Area Source: Public Record
Rooms
Bathrooms Full: 10
Bathrooms Total Integer: 10
Bedrooms Total: 10
Rooms Total: 22
Parking
Parking
Open Parking Spaces: 16
Open Parking: Yes
Parking Features: Paved Drive
Parking Total: 16
Utilities
Equipment
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 10 bedrooms and 10 bathrooms in this multi-family home at 82 Fayette St.
Does this multi-family home have parking?
Yes, there are 16 parking spaces available for 82 Fayette St.
What are the annual taxes for 82 Fayette St?
Annual taxes for this multi-family home are estimated at $3,729.
How does 82 Fayette St compare to other multi-family homes in Fayette Street?
This multi-family home is listed 63% below the average price for multi-family homes in Fayette Street and has been on the market for 79 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 12,612 sqft.
82 Fayette St is a 10-bedroom, 10-bath multi-family home for sale in Lynn MA 01902. On Prevu for 13 days at $850,000. This includes a recent price decrease of $20,000. This home features 12,612 square feet of living space, located in Lynn. The median listing price for multi-family homes in this area is $710,000. The home offers parking. Explore more multi-family home listings in Lynn.
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