$2,975,000
71-75 Common St
Lawrence, MA, 01840
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.
Property Details
Price:
$2,975,000
MLS #:
73528771
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subtype:
Residential
Listed Date:
Jun 3, 2026
Lot Size:
24,393 sqft / 0.56 acres (approx)
Schools
Interior
Exterior
Community Features
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, Private School, Public School, T-Station, Other
Lot Features
Level, Corner Lot
View
City
Financial
Tax Year
2026
Taxes
$25,244
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
More About MarieMortgage Calculator
Map
Community
- Address71-75 Common St Lawrence MA
- CityLawrence
- CountyEssex
- Zip Code01840
Subdivisions in Lawrence
Similar Listings Nearby
Property Summary
- 71-75 Common St Lawrence MA is a Land for sale in Lawrence, MA, 01840. It is listed for $2,975,000 and features 1 acres. To schedule a showing of MLS#73528771 at 71-75 Common St in Lawrence, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Home Shop Properties, Inc.. The property listing data and information 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 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 set forth herein.
71-75 Common St
Lawrence, MA