Approved 8-unit development opportunity at 82 Fayette Street in Lynn’s rapidly growing and revitalizing market. This shovel-ready project is fully permitted with foundation work already underway, reducing both timeline and upfront risk. The approved plans feature four single-level units on the first floor and four spacious duplex units above, offering a versatile mix of 1, 2, 3, and 4-bedroom layouts to maximize market appeal. All approvals are secured, allowing immediate continuation of construction. Ideal for investors seeking strong rental income, condo conversion potential, or resale profit, this project is positioned in a high-demand location with continued appreciation and excellent return potential.
Lot/land
$870,000
82 Fayette St, Lynn, MA 01902
--beds
0baths
4,300Square Feet
Residential
Built in ----
4,300 Square Feet Lot
$851,300 Zestimate®
$--/sqft
$-- HOA
What's special
- 13 days |
- 337 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: March 27, 2026 at 11:38am
Listed by:
MG Group,
Century 21 North East 617-389-1129
Source: MLS PIN,MLS#: 73489019
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Features
- Has basement: No
Property
Lot
- Size: 4,300 Square Feet
- Features: Level
Details
- Parcel number: M:095 B:514 L:006,1999903
- Zoning: BD
- Special conditions: Short Sale
Utilities & green energy
- Electric: On-Site
- Gas: On-Site
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lynn
Financial & listing details
- Tax assessed value: $230,500
- Annual tax amount: $3,729
- Date on market: 3/19/2026
- Electric utility on property: Yes
Estimated market value
$851,300
$809,000 - $894,000
$2,700/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/18/2026 | Listed for sale | $870,000+2.4% |
Source: MLS PIN #73488526 Report a problem | ||
| 11/21/2025 | Listing removed | $850,000 |
Source: MLS PIN #73452312 Report a problem | ||
| 11/6/2025 | Listed for sale | $850,000+331.5% |
Source: MLS PIN #73452312 Report a problem | ||
| 3/28/2022 | Sold | $197,000+23.9% |
Source: Public Record Report a problem | ||
| 5/2/2017 | Listing removed | $159,000 |
Source: CENTURY 21 North Shore #72103934 Report a problem | ||
| 12/29/2016 | Pending sale | $159,000 |
Source: Century 21 North Shore #72103934 Report a problem | ||
| 12/29/2016 | Listed for sale | $159,000+71.2% |
Source: Century 21 North Shore #72103934 Report a problem | ||
| 8/5/2009 | Sold | $92,867-66.6% |
Source: Public Record Report a problem | ||
| 7/8/2004 | Sold | $278,000+33% |
Source: Public Record Report a problem | ||
| 8/30/2002 | Sold | $209,000 |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,197 +3.6% | $501,600 +5.3% |
| 2024 | $5,014 +5.7% | $476,200 +11.9% |
| 2023 | $4,743 | $425,400 |
| 2022 | $4,743 +2.6% | $425,400 +19.9% |
| 2021 | $4,622 +4.8% | $354,700 +7.7% |
| 2020 | $4,411 +2.3% | $329,200 +9.2% |
| 2019 | $4,311 +7.6% | $301,500 +14% |
| 2018 | $4,006 +2.2% | $264,400 +5.2% |
| 2017 | $3,920 +5.1% | $251,300 +9% |
| 2016 | $3,729 +6.3% | $230,500 +10.1% |
| 2015 | $3,507 +2.1% | $209,400 +4.4% |
| 2014 | $3,435 +1.7% | $200,500 +0.5% |
| 2013 | $3,378 +2.6% | $199,500 -1.3% |
| 2012 | $3,292 +4.2% | $202,200 +3.9% |
| 2011 | $3,158 +5% | $194,700 +0.5% |
| 2010 | $3,008 -4.9% | $193,700 -22% |
| 2009 | $3,163 +8.6% | $248,300 -6.4% |
| 2008 | $2,912 +5.4% | $265,200 -0.2% |
| 2007 | $2,764 +12.6% | $265,800 +7.6% |
| 2006 | $2,455 +5% | $247,000 +7.5% |
| 2005 | $2,338 +5.5% | $229,700 +18.5% |
| 2004 | $2,216 -7.4% | $193,900 +7.1% |
| 2003 | $2,392 +22.4% | $181,100 +52.6% |
| 2001 | $1,954 +23.5% | $118,700 +33.1% |
| 1999 | $1,582 -7.8% | $89,200 -12.9% |
| 1995 | $1,716 | $102,400 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 01902
Nearby schools
GreatSchools rating
- 3/10Ingalls Elementary SchoolGrades: K-5Distance: 0.1 mi
- 4/10Thurgood Marshall Middle SchoolGrades: 6-8Distance: 0.3 mi
- 1/10Fecteau-Leary Junior/Senior High SchoolGrades: 6-12Distance: 1 mi
Local experts in 01902
- Massachusetts
- Essex County
- Lynn
- 01902
- 82 Fayette St



