MA
Essex
Lawrence
01840
71-75 Common St
71-75 Common St, Lawrence, MA 01840
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Listing Type
Lots/Land
Listing Status
Active
6
$2,975,000

Home Details for 71-75 Common St

Price
$2,975,000
Type
Land
Lot size acres
0.56
County
Essex
MLS Listing#
73528771
Property Description

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 Features
  • Water Features
    • Private
  • Utilities
    • Natural Gas Available
Listing Courtesy: Home Shop Properties, Inc. - 978-655-3016
Presented by: Johan Lopez
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EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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