71-75 Common St Lawrence, MA 01840
Downtown Lawrence NeighborhoodEstimated payment $18,424/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
Tax 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.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,381 | $101,273 | $23,794 | $77,479 |
| 2024 | $6,381 | $93,382 | $21,940 | $71,442 |
| 2023 | $6,115 | $84,341 | $19,816 | $64,525 |
| 2022 | $5,396 | $74,714 | $17,797 | $56,917 |
| 2021 | $5,108 | $69,826 | $16,633 | $53,193 |
| 2020 | $5,028 | $67,845 | $16,161 | $51,684 |
| 2019 | $4,847 | $64,645 | $15,399 | $49,246 |
| 2018 | $4,631 | $60,738 | $14,469 | $46,269 |
| 2017 | $4,486 | $57,719 | $13,750 | $43,969 |
| 2016 | $4,388 | $55,049 | $13,114 | $41,935 |
| 2015 | $4,140 | $51,568 | $12,285 | $39,283 |
| 2014 | $4,140 | $49,747 | $11,851 | $37,896 |
| 2013 | $4,140 | $49,747 | $11,851 | $37,896 |
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)
MLS Number: 73528771
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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