SZ INC.Realty
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For Sale

71-75 Common St, Lawrence MA 01840

Lawrence, MA 01840

$2.9M
· 0.56 ac
Request a Private ShowingEnquire by phone · +1 212 920 6260
The residence

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.

At a glance
Property type
Residential
Status
Active
Lot size
0.56 acres
MLS#
8e52a29575bde6792aa349840b38dfb5
Beds · Baths
0 · 0
Location

Lawrence, MA.

Lawrence, Massachusetts, is a market our advisors follow closely — its streets, housing stock and setting each shape what a residence here is worth and how it lives day to day. We are glad to walk you through the locale in detail, and how this particular address sits within it.

Estimated Monthly Payment+
$14K/mo
Approximate · principal & interest only
Display Currency
$2.9M

Indicative conversion — settlement always in USD.

Private Showing

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Listing courtesy of Home Shop Properties, Inc. · MLSPIN

MLS Property Information Network.The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords 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.

Listings updated Oct 14, 2026

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