71-75 Common St, Lawrence, MA 01840
71-75 Common St, Lawrence, MA 01840
71-75 Common St, Lawrence, MA 01840
71-75 Common St, Lawrence, MA 01840
71-75 Common St, Lawrence, MA 01840
71-75 Common St, Lawrence, MA 01840
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
Aidas Kupcinskas

Aidas Kupcinskas

Foran Realty

+1(617) 240-0358
$ 2,900,000
Est. payment | /mo

0.56 Acres Lot

Save
$ 2,900,000
Est. payment | /mo
Save

0.56 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73528771

HOA Y/N false

Annual Tax Amount $25,244

Tax Year 2026

Lot Size 0.560 Acres

Acres 0.56

Property Sub-Type Residential

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.

Location

State MA

County Essex

Zoning B3

Direction Broadway (Route 28) to Common St (Downtown Lawrence)

Exterior

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

View Y/N Yes

View City

Building

Lot Description Level, Corner Lot

Sewer Public Sewer

Water Private

Others

Senior Community false

MLSPIN
Listed by Home Shop Properties, Inc.

Nearby Locations

Aidas Kupcinskas

The buying and selling process is all about YOU. Whether you're a first time home buyer or a seasoned investor, I custom tailor my approach to suit YOUR needs.

 

Don't hesitate to reach out even for the most basic questions. I'm happy to help no matter where you are in the process.

+1(617) 240-0358

aidas@foranrealty.com

543 Main St, Dennis, MA 02638-1910, USA

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Aidas Kupcinskas, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.