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$2,975,000
6 Days On Site

71-75 Common St
Lawrence, MA 01840

For Sale|Land|Active
County:
Essex

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71-75 Common St71-75 Common St71-75 Common St71-75 Common St
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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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Listing Snapshot
Price 
$2,975,000
Days On Site 
6 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.56 Acres
Year Built 
N/A
MLS® Number 
73528771
Status 
Active
Property Tax 
$25,244
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
7 days agoListing first seen on site
General Features
Acres 
0.56
Disclosures 
Listing agent is also owner of this property
Sewer 
Public Sewer
Utilities 
Natural Gas Available
Water Source 
Private
Zoning 
B3
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Exterior Features
Lot Features 
LevelCorner Lot
View 
City
Waterview 
City
Community Features
Community Features 
ParkOther
Listing courtesy of Johan Lopez of Home Shop Properties, Inc.



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, landlords, 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, leasing or renting 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, leasing or renting. 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.

Last checked 2026-06-09 10:11 PM UTC

Neighborhood & Commute
Source: Walkscore
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