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$2,975,000 Just Listed

  • For Sale
  • Active
  • Land Residential
  • 0.56 Acres
  • Updated 7 hours ago
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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.

Full Property Details for 71-75 Common St

General

  • Price: $2,975,000
  • Taxes: $25,244 (2026)
  • Status: Active
  • Type: Land Residential
  • MLS ID: 73528771
  • Updated: Today (6/3/2026)
  • Added to Site: Today

Location

  • County: Essex

Lot Features

  • Lot Size (Acres): 0.56

Financial Considerations

  • Tax Amount: $25,244
  • Tax Year: 2026

Disclosures and Reports

  • Disclosures/Rstr.: Listing agent is also owner of this property

Listed by Home Shop Properties, Inc., Johan Lopez

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Listing agent

— 71-75 Common St —

  • Johan Lopez

    Home Shop Properties, Inc.

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 71-75 Common St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/03/2026
Listed
$2,975,000
—
MLS
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 71-75 Common St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,106
3%
$386,000
8%
2024
$6,911
5%
$356,800
14%
2023
$6,600
-2%
$312,200
12%
2022
$6,735
-2%
$278,200
7%
2021
$6,848
1%
$259,500
3%
2020
$6,772
4%
$252,700
13%
2019
$6,526
-1%
$224,500
5%
2018
$6,608
-3%
$214,400
5%
2017
$6,842
3%
$203,700
4%
2016
$6,632
4%
$196,500
—
2015
$6,372
-5%
$196,500
-1%
2014
$6,693
—
$198,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Home Shop Properties, Inc., Johan Lopez

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71-75 Common St, Lawrence, MA 01840 (MLS# 73528771) is a Land Residential property with a lot size of 0.56 acres. 71-75 Common St is currently listed for $2,975,000 and was received on June 03, 2026. Want to learn more about 71-75 Common St? Do you have questions about finding other Land Residential real estate for sale in Lawrence? You can browse all Lawrence real estate or contact a Coldwell Banker agent to request more information.

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