71-75 Common St Lawrence, MA ^$ 2,975,000

71-75 Common St

^$ 2,975,000

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Recently Listed

71-75 Common St

Lawrence, MA, 01840

^$ 2,975,000

Studio Baths0.0

Monthly Estimate*

^$ 18,318

71-75 Common St, Lawrence, MA 01840 - Image 1

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71-75 Common St, Lawrence, MA 01840 - Image 6

Studio

Lots and Land for sale in Lawrence, MA

for $2,975,000. The lot size is 0.56.

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.

Lots and Land Active

Price

^$ 2,975,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 25,244

Style

Level,Corner Lot

Lot Size

0.56

Town/City

Lawrence

County/Region

Essex

MLS | Web ID

73528771

List By

Johan Lopez

Listing Agent

Home Shop Properties, Inc.

Broker

Affordability Calculator

$20,421

Per Month

Monthly Principal & Interest: $18,318
Monthly Property Taxes: $2,104
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Trends

Lots and land listings in Lawrence, MA

Average List Price ^$1,777,500

Percent of Sale Price 40%

About Lawrence, MA

81,636 Population

13% Since 2002

^$37,342 Median Income

34 Median Age

35% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
6/3/2026	$2,975,000		Listed Price

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71-75 Common St, Lawrence, MA, 01840 is a Lots and Land for sale at $2,975,000 with a lot size of 0.56. 71-75 Common St is a studio with 0.0 baths. The property's zip code is 01840 which is in Lawrence, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 6/5/2026.

The real estate information and related content displayed on this site 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.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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71-75 Common St

Lots and Land for sale in Lawrence, MA

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