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Est. Mortgage: $/month

Federal 30-year interest rate: 6.65% last updated on 2026-08-20

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71-75 Common Street Lawrence MA 0184071-75 Common Street Lawrence MA 0184071-75 Common Street Lawrence MA 0184071-75 Common Street Lawrence MA 0184071-75 Common Street Lawrence MA 0184071-75 Common Street Lawrence MA 01840
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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.
    Listed by Johan Lopez of Home Shop Properties,Inc.

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    More Info

    Basic Information

    • Lot Features Level, Corner Lot
    • Mls StatusActive

    Location

    • Address71-75 Common Street
    • Building Number71-75
    • CountyEssex
    • StateMA
    • StreetCommon Street
    • TownLawrence
    • Zip01840

    Amenities

    • Amenities
      • Highway Access
      • Laundromat
      • Medical Facility
      • Other
      • Park
      • Private School
      • Public School
      • Public Transportation
      • Shopping
      • T-Station

    Tax Information

    • Tax Assessed Value $1,371,000
    • Tax Year 2026
    • Taxes$25,244

    Building

    • Building Area Units Square Feet

    Utilities

    • Electric On-Site
    • Electric On Property YN Yes
    • Gas On-Site
    • Sewer Public Sewer
    • Water Source Private

    Other

    • Date Listed06/03/2026
    • Farm Land Area Units Square Feet

    Basic Information

    • GO-List Price$2,975,000
    • MLS Number73528771
    • Modification Date06/07/2026
    • Property SubTypeResidential

    Property

    • Acreage0.56

    Property Information

    • Lot Size Square Feet 24,393
    • Lot Size Units Acres
    • View YN Yes

    The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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. MLSPIN 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.

    I agree to receive marketing and customer service calls and text messages from Levi Test Cloner2. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

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