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82 Fayette St, Lynn MA 01902

Lynn, MA 01902
$870,000
Est. $4,910/month
10
Beds
10
Baths
12,612
Sq Ft
$69
Price/Sq Ft
0.10
Acres
1830
Year Built
5-9 Family
Type
10 hours 41 minutes
Time on Market
Active Listed Mar 18, 2026 • MLS# 73488526 Copied!

About this home

Exceptional shovel-ready development at 82 Fayette Street, located in one of Lynn’s fastest-growing and revitalizing areas. This fully permitted 8-unit new construction project already has foundation work in progress, significantly reducing timeline and upfront risk.The thoughtfully designed building features four well-appointed single-level units on the first floor and four expansive duplex residences above, offering a desirable mix of 1, 2, 3, and 4-bedroom layouts to capture a wide tenant and buyer pool.All approvals are secured, allowing immediate continuation of construction. This is a rare opportunity to deliver modern, high-end housing in a market with strong rental demand and continued appreciation.Positioned for maximum return, this project is ideal for investors seeking long-term cash flow, condo conversion potential, or resale profit in a prime location with proven growth trajectory.

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Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1830
Bedrooms
10
Full Bathrooms
10
Living Area
12,612 sq ft
Total Rooms
22
Stories
6
Levels
6

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1830
Living Area 12,612 sq ft
Lot Size 0.10 acres
Bedrooms 10
Full Baths 10
Total Rooms 22

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features Living Room, Kitchen, Dining Room

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Paved Drive
Total Spaces 16

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $3,729
Assessed Value $230,500

Interior Features

Flooring:
Appliances:
Interior Features: Living Room, Kitchen, Dining Room
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1830
Structure Type:
Exterior Materials:
Roof:
Foundation: Concrete Perimeter
Stories: 6

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 16
Parking Features: Paved Drive

Location

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Neighborhood

82 Fayette St, Lynn MA 01902

Lynn, MA 01902

Walkability

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Nearby Schools

School District
Lynn School District local
D
⚠ School Safety 2024-25
3.5% Above Average
3.0% Suspensions 0.3% In-School 0.1% Expulsions 0.4% Emergency
↓ 2.0% below state avg
E

Elementary Schools

10 schools
The Hathaway School
0.6 mi
Grades PK-08
B-
KIPP Academy Lynn Charter School
0.7 mi | #197 of 346 | Score: 51.6
Improved 64 spots from last year
-6.6 below state avg
1,637 students Moderate
High Graduation Rate Rising School College Ready Curriculum
Grades K-12
St. Pius V Elementary School
1.0 mi
Grades PK-08
C-
Lynn Vocational Technical Institute
1.2 mi | #284 of 346 | Score: 42.8
Improved 50 spots from last year
-15.5 below state avg
1,584 students Moderate
Early College Program Rising School Career Tech Programs
Grades PK-12
North Shore Christian School
1.6 mi
Grades PK-08
Sacred Heart Elementary School
1.9 mi
Grades PK-08
TEAMS Academy at Virginia Barton Center
2.4 mi
Grades PK-12
C-
Ingalls School
0.2 mi | #673 of 824 | Score: 37.3
Improved 125 spots from last year
-20.9 below state avg
719 students Moderate
Rising School
Grades K-05
C-
E. J. Harrington Elementary School
0.4 mi | #717 of 824 | Score: 34.2
Improved 76 spots from last year
-24 below state avg
687 students Moderate
Rising School
Grades PK-05
C-
Brickett Elementary School
0.4 mi | #688 of 824 | Score: 36.3
Improved 101 spots from last year
-21.9 below state avg
318 students Moderate
Rising School
Grades K-05
M

Middle Schools

2 schools
C-
Thurgood Marshall Middle School
0.3 mi | #311 of 352 | Score: 30.5
Improved 40 spots from last year
-27.7 below state avg
1,310 students Moderate
Rising School
Grades 06-08
C+
Pickering Middle School
1.6 mi | #226 of 352 | Score: 38.6
Improved 81 spots from last year
-19.6 below state avg
583 students Diverse
Rising School
Grades 06-08
H

High Schools

6 schools
B
Fredrick Douglass Collegiate Academy
0.7 mi | #12 of 25 | Score: 33.4
Improved 330 spots from last year
-24.8 below state avg
235 students Moderate
Early College Program Rising School
Grades 06-12
St. Mary's High School
0.9 mi
Grades 07-12
City Arts & Sciences Academy at Fecteau-Leary
1.0 mi
Grades 06-12
D
Lynn English High School
0.6 mi | #318 of 346 | Score: 33.5
Improved 37 spots from last year
-24.8 below state avg
2,062 students Moderate
18 sports • 1,425 athletes
Early College Program Rising School Career Tech Programs Strong Athletics
Grades 09-12
B-
Harold Durgin Success Academy
1.0 mi | #16 of 25 | Score: 30.4
Improved 329 spots from last year
-27.8 below state avg
94 students Diverse
Rising School Career Tech Programs
Grades 09-12
C-
Classical High School
2.5 mi | #302 of 346 | Score: 37.9
Improved 51 spots from last year
-20.3 below state avg
1,795 students Moderate
Early College Program Rising School Career Tech Programs
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
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Loan Amount
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $311
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Mar 18, 2026
$870,000
Original listing
Agent: MG Group Office: Century 21 North East

Price & Status History

Date Event Price Change
Mar 18, 2026 New Listing Added $870,000 —

Market Statistics

Time on Market
10 hours 41 minutes
Price per Sq Ft
$69

Tax History

Year Taxes Assessment
2016 $3,729 $230,500

Financial Details

Annual Property Tax
$3,729
Tax Year 2016
Assessed Value
$230,500

Listing Information

Listing Agent MG Group
Listing Office Century 21 North East
Agent MLS ID TM340461
Office MLS ID AN4345
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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