Sold Jul 22, 2026$2,950,000
Active
71-75 Common St
Lawrence, MA 01840
$2,975,000
—Bedrooms
—Bathrooms
—Square feet
—Year built
Land · Active · MLS #73528771
Listing Courtesy of Home Shop Properties, Inc. | Johan Lopez
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MLS PIN data
About this home
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 information
Details at a glance
Building
- Style
- Residential
Land & utilities
- Lot size
- 0.56 acres
- Water
- Private
- Sewer
- Public Sewer
- Zoning
- B3
Financial
- Annual taxes
- $25,244
- Assessment year
- 2026
Listing history
Price and status timeline
No additional public listing history was supplied for this property.
Property value estimate
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Comparable sales
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Photo insights
Condition signals
Overall presentationabove average
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Local market context
How this home compares in Lawrence
MetricThis propertyLawrence
List price$2,975,000$390,000663% above local
Price / sq ft——
Days on market41776% below local
Active city listing statistics from MLS PIN as of September 6, 2026. Asking prices are not completed-sale values.
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About 71-75 Common St
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