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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.
Address
- Country:
- US
- State:
- MA
- County:
- Essex
- City:
- Lawrence
- Street:
- Common St
- Street Number:
- 71-75
- Postal Code:
- 01840
Other Details
- HOA Fee:
- 0
- Community Features:
- Public Transportation, Shopping, Park, Public School, Medical Facility, Laundromat, Highway Access, T-station, Private School, Other
- Electric:
- On-Site
- Lot Size:
- 0.56
- Property Type:
- Residential
- Sewer:
- Public Sewer
- Zoning:
- R10
- Living Area (sqft):
- 0
Land For Sale
71-75 Common St, Lawrence, Massachusetts 01840
0 Bedrooms
0 Bathrooms
$2,975,000
Property Details
- Property Type :
- Land
- Listing Type :
- For Sale
- Price :
- $2,975,000
- View :
- City
- Bedrooms :
- 0
- Bathrooms :
- 0
- Year Built :
- 0
- Status :
- Active
Agent info
Buyer's Choice Realty
162 Main Street, Wenham, MA 01984
Contact Agent
