71-75 Common St, Lawrence, MA 01840

Lawrence
Local realty services provided by:Metropolitan Homes
71-75 Common St,Lawrence, MA 01840
$2,900,000
  • 0.56 Acres
  • Lots / Land
  • Active
Listed by: johan lopez
Office: home shop properties, inc.
MLS#:73528771
Source:MLSPIN

Price summary

  • Price:$2,900,000

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:November 12, 2026 at 01:08 PM

Structure and exterior

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

Utilities

  • Water:Private
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,900,000
  • Tax amount:$25,244 (2026)
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. MLSPIN Member Broker: Michael Albano

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