71 Common St #75, Lawrence, MA 01840
Property image
Property image
FOR SALE
0.56 ACRES

$2,975,000

    71 Common St #75, Lawrence, MA 01840

    Est. Mortgage $18,531/mo*
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    Home Highlights

    Lot/Land
    0.56 acre lot

    Local Information

    • Map ViewExplore the area around 71 Common St #75.
    • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    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.
    Last check for updates: about 4 hours ago
    Listing courtesy of Johan Lopez, (978) 804-7425
    Home Shop Properties, Inc., (978) 655-3016
    Source: MLS PIN, MLS#73528771
    Also Listed on MLS PIN.

    Home Details for 71 Common St #75

    Interior Features

    Gas & Electric
    Electric: On-SiteGas: On-SiteHas Electric on Property
    View
    Has a ViewView: City

    Exterior Features

    Frontage
    Road Frontage: PublicNot on Waterfront
    Water & Sewer
    Sewer: Public Sewer

    Days on Market

    Days on Market: 93

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Residential
    Building
    Does Not Include Home Warranty

    Price & Status

    Price
    List Price: $2,975,000

    Active Status

    MLS Status: Active

    Location

    Direction & Address
    City: Lawrence

    Agent Information

    Listing Agent
    Listing ID: 73528771

    Community

    Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, Private School, Public School, T-Station, OtherNot Senior Community

    HOA

    No HOA

    Lot Information

    Lot Area: 0.56 acres

    Miscellaneous

    Mls Number: 73528771

    Additional Information

    Public TransportationShoppingParkMedical FacilityLaundromatHighway AccessPrivate SchoolPublic SchoolT-StationOther

    Around this home

    What Locals Say about Lawrence

    At least 1029 Trulia users voted on each feature.
    • 81 % Say there are sidewalks

    • 70 % Say car is needed

    • 69 % Say there's holiday spirit

    • 68 % Say it's walkable to grocery stores

    • 67 % Say it's dog friendly

    • 66 % Say yards are well-kept

    • 62 % Say kids play outside

    • 60 % Say parking is easy

    • 59 % Say it's walkable to restaurants

    • 56 % Say streets are well-lit

    • 49 % Say neighbors are friendly

    • 49 % Say they plan to stay for at least 5 years

    • 42 % Say it's quiet

    • 42 % Say people would walk alone at night

    • 38 % Say there are community events

    • 34 % Say there's wildlife

    Sourced by Trulia users. Learn more about our methodology.
    • Supermason0618
      "The commute is average due to the ready access of interstate highways. Public transportation is readily available at McGovern transportation station which is a nice alternative. "
    • 8kphjfrbzv
      "It’s pretty safe never had any problem with anyone while living here for almost 20 years. The people do come together "
    • Suleika Figueroa
      "Great commute anywhere. Fast food restaurants near by are really good. I lived here 34 years and it has been improving "
    • Carlossantos7003
      "Been in this neighborhood for 20 years it has been establishing to raise a family and crime has been down in the last decade "
    • Jlcollado17
      "To expensive the rent and mortgages, I don't know why if the city is not one of the best communities on the area."
    • Zapata Rodriguez
      "Is a good neighborhood to live in , a variety of places and variety foods … great people and nice parks "
    • Alan Feliz
      "I don’t see dogs that much, because not every apartments like they rentals have one, i wish i can have one "
    • Trulia User
      "nice one the best place to life in Lawrence have parks school and store very near me ............. "
    • Trulia User
      "good neighborhood, lots of parking space close to all kind of grocery store gas station etc , street clean all seasoned good for pets "
    • Trulia User
      "It’s very dog friendly neighborhood and There’s also a park nearby where people go with their dogs. "
    • Lanana0626
      "Dogs are always seen, but at times dog owners don’t clean up after them! But overall welcoming to pets "
    • Gremarfi V.
      "I live in a good area where people are nice and we don’t have a lot crime I wish we see police more "
    • Karolyn3678
      "Is a very diverse city and everything is accesible. The cost of living is extremely expensive but Lawrence is a great city."
    • Gomjanett
      "Everything about Lawrence is important to know. As years has passed , our kids generations are not the same .. Schools are important and parks . Crime rates has gone down a good rate !! "
    • Lesly
      "Dog owners would like this area. It could get very busy, traffic wise. So gotta make sure dog is on leash"
    • Courtney F.
      "Not picking up after themself. And the noises and how much it barks, it could chase or bite you. You never know with animals "
    • Trulia User
      "Nothing in this city feels like home. The streets are dirty. Lonely and unfriendly. I’m going to be home with my kids. "
    • Karolyn3678
      "Lawrence is a great town but it could be dangerous to live in it. Parents should be careful raising their children in Lawrence. "
    • Maryleger42
      "The commute is hectic on pick time between 8am and 10am is horrible to cross any of the bridges. And later between 3pm and 5pm. "
    • Sarai C.
      "Unfortunately no safe parks for kids or for adults that would like to go and spend time reading a book or just time for yourself "
    • Kateleen S.
      "I work Monday-Friday 9-5pm, right now the commute is great. On a normal day the commute to work in Wilmington takes 30 mins min to get there And back. "
    • Sarai C.
      "Particularly the neighborhood ha deteriorated in the last 3-4 years . Is unsafe to walk due that there is illicit drugs selling and shooting."
    • Kiesha B.
      "Not to move to Lawrence it’s not a good place to live it’s to much violence not a place to raise a child"
    • Jacqueline S. .
      "People who walk there dogs don’t pick up after them and the street have trash cause people don’t know how to stop littering in the streets "
    • Roberto R.
      "It’s ok I’m visiting and use to work here in Lawrence but other than that it’s coming together little by little "
    • Richard M.
      "I live this city a year ago and it is very trankila and the neighbors very respectful and friendly I live this city a year ago and it is very quiet and the neighbors are very respectful and friendly and at Christmas time they are always at your service and in case of emergency too"
    • Vnessaf
      "semana hispana goes on for about 2 or 3 weeks in a year. Celebration of many different countries. Also there's is an event alike for Italian community. "
    • Sarai C.
      "I’m not a dog owner, but if I were would like to be able to walk my dog or have a dog park. Animal and owner will be and feels safe "
    • Eduardo D. L. S.
      "I rarely see people with dog or any pets for the matter. Due to the culture stablish here pets are not the most common thing."
    • Mariel B. .
      "Many many families around. Sometimes can be very judgmental but overall nice place to live in. A lot of resources nearby "
    • Sarai C.
      "Even if the city makes the effort in doing community events, the delinquency and violence is so high that u really don’t want to be in the events "
    • Yajaira S. .
      "Living in housing isn’t that bad it has its perks...I don’t like how maintenance takes their time fixing things more when under inspection , or are able to walk into your apartment when your not home, or don’t let you decorate your balcony with anything bcuz of a safety issues, "
    • Zackaria M.
      "Don’t move to lawrence you’ll regret it! Theft , breaking and entering, drugs you name it they have it "
    • Nicole R.
      "It's not unique it's dirty there are many people around addicted to drugs unsafe playing environment for children"
    • Megan Abate
      "Lawrence ia good place to live. People are wonderful to talk with. Near restaurant which is great if you wanna eat out."

    Market trends in Lawrence

    Last updated August 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    Sale-to-List Price
    Price per sq ft
    Available listings
    34
    3
    MoM

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    0.17
    Lot/Land
    $1
    04/03/26
    -
    -
    0.91
    Lot/Land
    $300,000
    10/27/25
    -
    -
    1.32
    Lot/Land
    $230,000
    11/14/25
    -
    -
    1.39
    Lot/Land
    $250,000
    04/07/26
    -
    -
    2.23
    Lot/Land
    $151,000
    05/06/26
    -
    -
    3.46
    Lot/Land
    $2,950,000
    03/06/26
    -
    -
    4.63
    Lot/Land
    $630,000
    09/26/25
    -
    -
    4.71
    Lot/Land
    $912,000
    12/04/25
    -
    -
    5.03
    Lot/Land
    $100,000
    01/09/26
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    0.07
    -
    13
    6
    3,761
    Off Market
    0.08
    -
    14
    6
    4,893
    Off Market
    0.08
    $637,000
    4
    2
    2,380
    Off Market
    0.08
    $590,000
    7
    3
    2,380
    Recently Sold
    0.09
    $464,500
    4
    2
    1,676
    Off Market
    0.10
    $487,300
    2
    1.5
    1,540
    Off Market
    0.13
    $807,000
    6
    3
    3,344
    Recently Sold
    0.16
    $147,900
    1
    1
    398
    Off Market
    0.16
    $110,000
    1
    1
    560
    Recently Sold
    0.16
    $100,000
    1
    1
    608
    Recently Sold
    0.11
    $505,000
    5
    3
    1,904
    Recently Sold

    Price and Tax history

    DateEventPrice
    Jun 3, 2026
    Source: MLS PIN #73528771
    Listed For Sale
    $2,975,000

    LGBTQ Local Legal Protections

    Johan Lopez, Home Shop Properties, Inc., (978) 655-3016
    Agent Phone: (978) 804-7425
    The property listing data and information 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 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 set forth herein.
    The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.

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    Frequently asked questions about 71 Common St #75

    • How big is 71 Common St #75?
      71 Common St #75 in Lawrence, MA is about 0.56 acres (24,393 sq ft).
    • What is the price per acre for 71 Common St #75?
      71 Common St #75 in Lawrence, MA is listed at $2,975,000, or about $5.3M per acre.
    • What do residents say about Lawrence?
      Residents describe Lawrence, MA as pedestrian-friendly, walkable to grocery stores, and dog-friendly. See homes for sale in Lawrence, MA.
    • What are the closest schools to 71 Common St #75?
      The closest schools to 71 Common St #75 in Lawrence, MA are Francis M Leahy Elementary School (rated 2/10), Lawlor Early Childhood Center (Pre-K/Elementary), Lawrence High School (rated 1/10).
    71 Common St #75, Lawrence, MA 01840 is a lot/land. This property is currently available for sale and was listed by MLS PIN on Jun 3, 2026. The MLS # for this home is MLS# 73528771.