82 Fayette St
$850,000
10
Beds
10
Baths
12,612
Sqft
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$850,000
10
Beds
10
Baths
12,612
Living Area
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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.
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Highlights
- Levels: 6
- Property Class: Residential Income
- Stories: 6
- Year Built: 1830
- Parking Spots: 16
- Property Type: 5-9 Family
- Total Rooms: 22
- Status: Active
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Additional Details
- Foundation: Concrete Perimeter
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Bd
- Interior Features: Living Room, Kitchen, Dining Room
- Total Number of Units: 8
- Year Built Source: Public Records
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Amenities
- Parking Features: Paved Drive
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $230,500
- Taxes: $3,729
- Tax Year: 2016
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Listing information provided courtesy of Century 21 North East.
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