71-75 Common St, Lawrence, MA 01840
Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
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:June 09, 2026 at 10:34 AM
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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