71-75 Common St, Lawrence, MA 01840

Lawrence
Local realty services provided by:Cohn & Company ERA Powered
71-75 Common St,Lawrence, MA 01840
$2,975,000
  • 0.56 Acres
  • Lots / Land
  • Active
Listed by: johan lopez
Office: home shop properties, inc.
MLS#:73528771
Source:MLSPIN

Price summary

  • Price:$2,975,000

About this home

Fully Approved 60-Unit Residential Site with $2.5M HDIP Tax Credit. Maximize your portfolio returns with the ICONO Tower Development, a premier, fully permitted multifamily opportunity in downtown Lawrence, MA. Located at 71–75 Common Street and 37 Newbury Street, this shovel-ready project is approved for 60 market-rate apartments sitting over a 55-car structured garage. Investors gain an immediate financial edge with an awarded $2.5 million Housing Development Incentive Program (HDIP) tax credit spanning 2025–2027. Capitalize on the Merrimack Valley's rapid growth with a project backed by strong local demand and local government incentives.

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Home facts

  • Listing ID #:73528771
  • Updated:September 28, 2026 at 12:21 PM

Structure and exterior

  • Lot area:0.56 Acres
  • Lot Features:Corner Lot, Level

Utilities

  • Water:Private
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,975,000
  • Tax amount:$25,244 (2026)
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