Lot/land

$2,975,000

71-71 Common St #75, Lawrence, MA 01840

--beds

0baths

0.56Acres

Residential

Built in ----

0.56 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

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.

24 days

233

6

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Features

Has basement: No

Property

Features

Has view: Yes
View description: City

Lot

Size: 0.56 Acres
Features: Level, Corner Lot

Details

Zoning: B3

Utilities & green energy

Electric: On-Site
Gas: On-Site
Sewer: Public Sewer
Water: Private

Community & HOA

Community

Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, Private School, Public School, T-Station, Other

HOA

Has HOA: No

Location

Region: Lawrence

Financial & listing details

Tax assessed value: $1,371,000
Annual tax amount: $25,244
Date on market: 6/3/2026
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/3/2026	Listed for sale	$2,975,000-7%
Source: MLS PIN #73528771 Report a problem
4/7/2026	Listing removed	$3,200,000
Source: MLS PIN #73488625 Report a problem
3/18/2026	Listed for sale	$3,200,000
Source: MLS PIN #73488625 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Estimated monthly payment$1,822

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified