63 Cottage Ln Concord, MA 01742
Concord AreaEstimated payment $12,010/month
Highlights
- Corner Lot
- Willard School Rated A
- 3-minute walk to Concord
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
Home Type
- Multi-Family
Est. Annual Taxes
- $17,835
Year Built
- Built in 1850
Lot Details
- 6,950 Sq Ft Lot
- Corner Lot
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 4,927 Sq Ft Home
- Property has 1 Level
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 10 Bedrooms
- 10 Full Bathrooms
Parking
- 11 Open Parking Spaces
- 11 Car Parking Spaces
Listing and Financial Details
- Assessor Parcel Number 454576
Community Details
Overview
- 10 Units
Building Details
- Electric Expense $1,449
- Insurance Expense $9,715
- Water Sewer Expense $4,130
- Operating Expense $58,381
- Net Operating Income $100,003
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 08/28/2026 08/28/26 | Pending | -- | -- | -- |
| 08/14/2026 08/14/26 | Price Changed | $1,850,000 | -5.1% | $375 / Sq Ft |
| 07/30/2026 07/30/26 | Price Changed | $1,950,000 | -11.4% | $396 / Sq Ft |
| 06/22/2026 06/22/26 | For Sale | $2,200,000 | -- | $447 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73539600
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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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