$2,975,000

Estimated payment $18,173/month

Total Views 9,610
0.56 Acre
$5,312,500 Price per Acre
24,393 Sq Ft Lot

Highlights

  • Medical Services
  • 0.56 Acre Lot
  • Corner Lot
  • City View
  • Property is near public transit and schools
  • 2-minute walk to Campagnone Common

About This Lot

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.

Listing Agent

Johan Lopez

Home Shop Properties, Inc. Listed on: 06/03/2026

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,244

Lot Details

  • 24,393 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Property is zoned B3

Utilities

  • Electricity To Lot Line
  • Private Water Source

Additional Features

  • City Views
  • Property is near public transit and schools

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Property Details

Property Type

Land

Est. Annual Taxes

$25,244

Lot Details

0.56 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • MLSPIN_BEACHFRONT_FLAG: No
  • Special Features: None

Interior Features

  • MAIN LO: AC0594

Exterior Features

  • Home Warranty YN: No
  • Road Frontage Type: Public
  • View: City
  • View YN: Yes
  • Waterfront YN: No

Utilities

  • Sewer: Public Sewer
  • Gas: On-Site
  • Electric: On-Site
  • Electricity On Property: Yes
  • Water Source: Private

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, Private School, Public School, T-Station, Other
  • Senior Community YN: No

Lot Info

  • Zoning: B3
  • Farm Land Area Units: Square Feet
  • Lot Features: Level, Corner Lot
  • Lot Size Acres: 0.56
  • Lot Size Sq Ft: 24393
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2026
  • Tax Annual Amount: 25244

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/03/2026 06/03/26 For Sale $2,975,000 -- --
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73528771

MLS Property Information Network (MLS PIN)
Your Personal Tour Guide

Ask me questions while you tour the home.