Pegasus Realty Group
LOT SIZE 0.160 acres
MLS#73528486
STATUSActive
PROPERTY TYPELand - Residential
Property Description
Prime 8-unit development opportunity in one of Lynns 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 Lynns 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.
Property Features
Property Type: Land - Residential
Lot Size: 0.16 Acres
Taxes: $3,729
Feature Descriptions
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 2
Electric: On-Site
Electric On Property: Yes
Lot Features: Level
Parcel Number: M:095 B:514 L:006,1999903
Rental Term: Monthly
Sewer: Public Sewer
Water: Public
Listed By / Shown By
Listed By
Agency Name: Century 21 North East
Agent Name: MG Group
Agency Phone: 617-389-1129
Shown By
Agent Name: Pegasus Realty Group
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
TOUR PROPERTY
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Estimated Payment
$ 2,450.40 per month $1,891.73 Principal & Interest $310.75 Property Tax $247.92 Homeowner's Insurance
82 Fayette St | MLS# 73528486
This land located at 82 Fayette St, Lynn, MA 01902 is currently listed for sale with an asking price of $850,000. The property has approximately 0.16 Acres. Search Lynn real estate on pegasusrealtygroup.masiellogrouprealestate.com today.