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Rare opportunity to acquire a well-maintained 10-unit multifamily property in the heart of historic Concord. The Cottage Lane Apartments consist of (4) studio units and (6) one-bedroom apartments, offering a desirable mix for a broad tenant base. Property amenities include off-street parking, on-site laundry facilities, and separately metered electric service, with ownership responsible for heat and hot water. Significant capital improvements include a roof replacement and lead compliance certification for all units. Ideally located just minutes from Concord Center and the MBTA Commuter Rail, residents enjoy convenient access to Cambridge and Boston, along with Concord's acclaimed schools, vibrant downtown, shops, restaurants, and cultural attractions. With strong rental demand, limited multifamily inventory, and long-term upside in one of Greater Boston's most sought-after communities, this property presents an exceptional investment opportunity.

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Basic Information

  • Gross Income $158,384
  • Lot Features Corner Lot
  • Mls StatusNew
  • Parcel Number 454576

Tax Information

  • Tax Assessed Value $1,366,700
  • Tax Year 2026
  • Taxes$17,835

Parking

  • Parking Spaces11

Rooms

  • Bathroom10
  • Bathrooms Total Decimal 10
  • Bedrooms6
  • Full Bath10

Basic Information

  • List Price$2,200,000
  • MLS Number73539600
  • Modification Date06/22/2026
  • Property SubType5-9 Family

Location

  • Address63 Cottage Lane
  • Building Number63
  • CountyMiddlesex
  • StateMA
  • StreetCottage Lane
  • TownConcord
  • Zip01742

Building

  • BasementFull
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Levels 3
  • Rooms10
  • Stories3
  • Units10
  • Year Built1850
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.16

Exterior

  • RoofShingle

Utilities

  • Electric Expense 1449
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 4,927
  • Lot Size Square Feet 6,950
  • Lot Size Units Acres
  • Square Feet4,927

Amenities

  • Other AmenitiesBasement

Legal

  • ZoningResidence

Other

  • Date Listed06/22/2026
  • Farm Land Area Units Square Feet

Map Location

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Listed by Tom Egbers of Northeast Private Client Group,LLC

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