INNOVATE Real Estate
Residential at 82 Fayette St, Lynn MA 01902
Residential at 82 Fayette St, Lynn MA 01902, photo 2 of 9
Residential at 82 Fayette St, Lynn MA 01902, photo 3 of 9
Residential at 82 Fayette St, Lynn MA 01902, photo 4 of 9
Residential at 82 Fayette St, Lynn MA 01902, photo 5 of 9
Residential at 82 Fayette St, Lynn MA 01902, photo 6 of 9
Residential at 82 Fayette St, Lynn MA 01902, photo 7 of 9
Residential at 82 Fayette St, Lynn MA 01902, photo 8 of 9
Residential at 82 Fayette St, Lynn MA 01902, photo 9 of 9
9 photos

$850,000

82 Fayette St, Lynn MA 01902
Lynn, MA 01902
Listed by MG Group
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Prime 8-unit development opportunity in one of Lynn’s 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 Lynn’s 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 details

MLS
MLS Property Information Network
MLS #
73528486
Property type
Residential
Subdivision
N/A
Status
Active
Days on market
143
On market date
June 2, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.16 acres

Location

Get directions →
Loading map…

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Ingalls
0.13 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
684
Student:teacher ratio
12.7:1
District
Lynn
Middle
Thurgood Marshall Mid
0.36 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,275
Student:teacher ratio
13.6:1
District
Lynn
High
Lynn English High
0.62 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
2,165
Student:teacher ratio
17.6:1
District
Lynn

Walkability

Blended score for Lynn's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

90
Highly walkable
out of 100
EPA National Walkability Index
16.5 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies8

Market position

How this listing compares to current activity in Lynn, from live MLS data.

On the market 143 days -- 55 more days than Lynn's current average of 88 days.
For reference, the median list price across 731 active listings in Lynn right now is $4,800.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$5,269/mo
$170,000 down
$680,000 loan
Principal & interest$4,410
Property tax (est.)$708
Home insurance (est.)$150

Similar homes you might like

14 Coolidge St, Everett MA 02149
New
$899,999
14 Coolidge St, Everett MA 02149
Everett, 02149
1 day on market
Listed by Samantha Edwards
19-20 Williams, Auburn MA 01501
$900,000
19-20 Williams, Auburn MA 01501
Auburn, 01501
2 days on market
Listed by Brian Johnson
115 Red Brook Harbor Rd, Bourne MA 02601
$799,000
115 Red Brook Harbor Rd, Bourne MA 02601
Bourne, 02601
2 days on market
Listed by Priscilla Geraghty
1-9 Helens Way, Auburn MA 01501
$750,000
1-9 Helens Way, Auburn MA 01501
Auburn, 01501
2 days on market
Listed by Brian Johnson
0 County, Dighton MA 02715
$789,000
0 County, Dighton MA 02715
Dighton, 02715
4 days on market
Waterfront
Listed by Janet Maloy
147 Nashua Rd, Pepperell MA 01463
$950,000
147 Nashua Rd, Pepperell MA 01463
Pepperell, 01463
8 days on market
Listed by Giancarlo Tiberi
20 Groton Harvard Road, Ayer MA 01432
$920,000
20 Groton Harvard Road, Ayer MA 01432
Ayer, 01432
8 days on market
Listed by M.C. Stewart
645 River St, Boston MA 02136
$850,000
645 River St, Boston MA 02136
Boston, 02136
8 days on market
Listed by Anne Galvin

Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 8, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.