DanielleBallou
(508) 942-9508
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71-75 Common St
Lawrence, MA 01840

$2,975,000

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Listing Details

  • $2,975,000
  • MLS# 73528771
  • Type Land - Residential
  • Status Active
  • 0.560 acres
    Lot Size
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Listed By

Agency Name: Home Shop Properties, Inc.
Agent Name: Johan Lopez
Agency Phone: 978-655-3016

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Shown By

Agent Name: Danielle Ballou
Agent Phone: (508) 942-9508
Agency Title: Donahue Real Estate Co.

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Home Value Estimate

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 incen...read more

Features

  • $25,244 Taxes
  • Private
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Listed By

Agency Name: Home Shop Properties, Inc.
Agent Name: Johan Lopez
Agency Phone: 978-655-3016

agent picture

Shown By

Agent Name: Danielle Ballou
Agent Phone: (508) 942-9508
Agency Title: Donahue Real Estate Co.

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954 Main Street
Walpole, MA 02081
(508) 942-9508
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/03/2026. The listing information on this page last changed on 06/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 06/03/2026 7:21:35 AM EST) or MLSPIN MLS (last updated Wed 06/03/2026 7:08:07 AM EST) or Cape Cod / Islands MLS (last updated Wed 06/03/2026 7:14:49 AM EST). Real estate listings held by brokerage firms other than Donahue Real Estate Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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