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71-75 Common St, Lawrence MA 01840

$2,975,000

Estimated $20,435/month Calculator

Land

Residential

24,393 (0.56)

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.

This home has been viewed 10 times

Last Checked: June 3rd, 2026 at 4:38pm (Source: MLS PIN #73528771)

General Information for 71-75 Common St, Lawrence MA 01840

Listing ID73528771

Price2975000

Land TypeResidential

Approx AcresApprox. 0.56 acres (24,393 SqFt)

Number of Lots

Road Frontage Type

ZoningB3

Electric220 Volts

GasOn-Site

WaterPrivate

SewerPublic Sewer

PERC Test

Association Required

Association Fee

Lot FeaturesGentle Sloping

Waterfront0

Waterfront Features

View

Disclosures for 71-75 Common St, Lawrence MA 01840

Special Listing Conditions

Financial Information for 71-75 Common St, Lawrence MA 01840

Association Fee

Tax25244

Tax Year2026

Assessed Value$1,371,000

Contact Information for 71-75 Common St, Lawrence MA 01840

Agent

Name: Johan Lopez

Office

Name: Home Shop Properties, Inc.

Phone: 978-655-3016

Payment Calculator

, Interest

Property Taxes 2103.67

Principal & Interest 18331

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Home Shop Properties, Inc.

Johan Lopez

Agent Phone

Office Phone

(978) 655-3016

Text Agent Call Agent Call Office

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EXIT

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