71-75 Common St, Lawrence, MA 01840
Listing Courtesy of : Johan Lopez ---- Home Shop Properties, Inc.
- $2,975,000
- List Price
- $2,975,000
- Status
- ACTIVE
- MLS#
- 73528771
- Lot Size (Acres)
- 0.56
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.
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Additional Information
- Taxes
- $25,244
- Water Source
- Private
- Lot Description
- Level, Corner Lot
- View
- City
- Water
- Private
- Sewer
- Public Sewer
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