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.
Lynn is located in Massachusetts. Lynn, Massachusetts has a population of 100,233. Lynn is less family-centric than the surrounding county with 29.43% of the households containing married families with children. The county average for households married with children is 30.06%.
The median household income in Lynn, Massachusetts is $63,922. The median household income for the surrounding county is $86,684 compared to the national median of $69,021. The median age of people living in Lynn is 36.3 years.
The average high temperature in July is 80.5 degrees, with an average low temperature in January of 19 degrees. The average rainfall is approximately 47.7 inches per year, with 41.8 inches of snow per year.
