82 Fayette St Lynn, MA 01902
Fayette Street NeighborhoodEstimated payment $4,761/month
About This Home
INVESTORS!!! Shovel ready project in Lynn!Prime investment opportunity in Lynn’s high-growth area: 82 Fayette Street is a shovel-ready, fully permitted 8-unit new construction development with foundation work already underway. The building will feature four single-level units on the first floor and four spacious duplexes on the second level, offering a versatile mix of 1, 2, 3 and 4-bedroom layouts to maximize market appeal.All permits are in place, minimizing lead time and development risk. Ideal for investors seeking strong rental income potential or future resale profits, this project capitalizes on Lynn’s ongoing revitalization and high demand for modern housing. The strategic location and modern design ensure broad appeal to renters and buyers alike — positioning you for an attractive ROI.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,729
Year Built
- Built in 1830
Lot Details
- 4,300 Sq Ft Lot
Home Design
- Concrete Perimeter Foundation
Interior Spaces
- 12,612 Sq Ft Home
- Living Room
- Dining Room
Bedrooms and Bathrooms
- 10 Bedrooms
- 10 Full Bathrooms
Parking
- 16 Car Parking Spaces
- Driveway
- Open Parking
Community Details
- 8 Units
- Property has 1 Level
Listing and Financial Details
- Assessor Parcel Number M:095 B:514 L:006,1999903
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,197 | $501,600 | $186,200 | $315,400 |
| 2024 | $5,014 | $476,200 | $177,000 | $299,200 |
| 2023 | $4,743 | $425,400 | $161,200 | $264,200 |
| 2022 | $4,685 | $376,900 | $137,900 | $239,000 |
| 2021 | $4,622 | $354,700 | $130,400 | $224,300 |
| 2020 | $4,411 | $329,200 | $121,200 | $208,000 |
| 2019 | $4,311 | $301,500 | $104,500 | $197,000 |
| 2018 | $4,006 | $264,400 | $96,600 | $167,800 |
| 2017 | $3,920 | $251,300 | $90,500 | $160,800 |
| 2016 | $3,729 | $230,500 | $77,700 | $152,800 |
| 2015 | $3,507 | $209,400 | $73,800 | $135,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/06/2025 11/06/25 | For Sale | $850,000 | -- | $67 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Foreclosure Deed | $197,000 | None Available | |
| Foreclosure Deed | $197,000 | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Foreclosure Deed | $92,867 | -- | |
| Foreclosure Deed | $92,867 | -- | |
| Deed | $278,000 | -- | |
| Deed | $278,000 | -- | |
| Deed | $209,000 | -- | |
| Deed | $209,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $170,000 | Commercial | |
| Previous Owner | $294,399 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $222,400 | Purchase Money Mortgage |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73452312
APN: LYNN-000095-000514-000006
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