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$2,200,000

63 Cottage Lane, Concord MA 01742
Concord, MA 01742
Listed by Tom Egbers
Bedrooms
10
Bathrooms
10
Living area
4,927 sqft
Year built
1850

About this home

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.

Property details

MLS #
73539600
Property type
5-9 Family
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
3
Garage spaces
N/A
Lot size
0.16 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Alcott
0.69 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
418
Student:teacher ratio
11.9:1
District
Concord
Middle
Concord Middle
2.21 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
688
Student:teacher ratio
11.9:1
District
Concord
High
Concord Carlisle High
0.88 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,323
Student:teacher ratio
12.4:1
District
Concord-Carlisle

Mortgage calculator

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Est. monthly payment
$13,399/mo
$440,000 down
$1,760,000 loan
Principal & interest$11,415
Property tax (est.)$1,833
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 26, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.