Brendan Atwood
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71-75 Common St
Lawrence, MA 01840

$2,975,000

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Listing Details

  • $2,975,000
  • MLS# 73528771
  • Type Land - Residential
  • Status Active
  • 0.560 acres
    Lot Size

Listed By

Agency Name: Home Shop Properties, Inc.
Agent Name: Johan Lopez
Agency Phone: 978-655-3016

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Shown By

Agent Name: Brendan Atwood
Agent Phone: (617) 947-8419
Agency Title: Donahue Real Estate Co.

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Home Value Estimate


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 incen...read more

Features

  • $25,244 Taxes
  • Private

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