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Downtown Lawrence Home for Sale

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    $2,975,000

    • Land
    • 24,393 Sq Ft
    • $5,312,500 per Acre

    71-75 Common St, Lawrence, MA 01840

    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

    Johan Lopez Home Shop Properties, Inc.

    71-75 Common St, Lawrence, MA 01840

Why Live in Downtown Lawrence

Close to the New Hampshire state line and along the Merrimack River, North Common sits about 30 miles from Boston. Part of the bustling city of Lawrence, the neighborhood offers a vibrant array of international restaurants along gridded streets that ...

Downtown Lawrence Home Prices vs. Nearby Lawrence, MA Neighborhoods

Downtown Lawrence Downtown Haverhill Piscataquog
Median Home Price
$247,500
$307,450
$225,000
Median Sale Price
$244,000
-23% YoY
$288,250
-21% YoY
$302,500
+59% YoY
Median Single Family Price
$449,000
$644,500
$337,500
Median Condo Price
$149,750
$283,000
$198,000
Total Active Listings
0
2
5
Market Conditions
0 Months of Supply
Seller's Market
1 Months of Supply
Seller's Market
8 Months of Supply
Buyer's Market

Frequently Asked Questions

Is Downtown Lawrence a good place to live?
Downtown Lawrence is a good place to live. Downtown Lawrence is considered very walkable and bikeable with good transit options. Downtown Lawrence has 3 parks for recreational activities. It has a median age of 36. The average household income is $50,126 which is below the national average. College graduates make up 14.3% of residents. A majority of residents in Downtown Lawrence are renters, with 95% of residents renting and 5% of residents owning their home. A local real estate agent serving Downtown Lawrence can help you decide if this neighborhood is the right one for you. Learn more on our Downtown Lawrence neighborhood guide.
Is Downtown Lawrence, MA a safe neighborhood?
Downtown Lawrence, MA is less safe than the average neighborhood in the United States. It received a crime score of 7 out of 10.
How much do you need to make to afford a house in Downtown Lawrence?
The median home price in Downtown Lawrence is $247,500. If you put a 20% down payment of $49,500 and had a 30-year fixed mortgage with an interest rate of 6.58%, your estimated principal and interest payment would be $1,260 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $54K a year to afford the median home price in Downtown Lawrence. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Downtown Lawrence is $50K.
What are the best public schools in Downtown Lawrence?
The best public schools that serve Downtown Lawrence are:
What are the best private schools in Downtown Lawrence?
The best private schools that serve Downtown Lawrence are:
What are the most popular zip codes in Downtown Lawrence, Lawrence, MA?
The most popular zip codes in Downtown Lawrence, Lawrence, MA include 01840, 01841, 01843, 01845 and 01844.
What are the most popular neighborhoods near Downtown Lawrence, Lawrence, MA?
The most popular neighborhoods near Downtown Lawrence, Lawrence, MA are Arlington, Tower Hill, South Common, Prospect Hill-Back Bay and The East End.
Are home prices dropping in Downtown Lawrence?
Yes, home prices in Downtown Lawrence are down 8% in the last 12 months.
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