0 Baths

$2,975,000

71-75 Common St, Lawrence MA, 01840

Price per sqft$121.96

Lot size0.56 Acres

Property typeLand

Overview

Active

Listed Jun 3, 2026

Updated 4 weeks ago

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.

Additional information

MLS^® ID: 73528771

Exterior Features

Lot Size: 0.56 Acres

Other Property Details

Taxes: $25,244
Tax Frequency: Annually
View: Yes
55+/Senior Community: No

This listing is provided by Johan Lopez with Home Shop Properties, Inc.

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Data last updated 4:46 AM UTC, 9/4/2026