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INVESTMENT SNAPSHOT
About this property
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
| Units | 10 |
| Living area | 4,927 sqft |
| Lot size | 6,950 sqft |
| Year built | 1850 |
| Price / sqft | $396 |
| County | Middlesex |
| MLS # | 73539600 |
Listing status
| Days on market | 42 days |
| Listed on | June 22, 2026 |
Taxes & financials
| Annual property tax | $17,835 |
| Tax year | 2026 |
| Assessed value | $1,366,700 |
| Zoning | Residence |
| Gross income (actual) | $158,384/yr |
| Net operating income (actual) | $100,003/yr |
| Total actual rent | $13,575/mo |
| Electric expense | $1,449/yr |
| Insurance expense | $9,715/yr |
Building & lot
| Stories | 3 |
| Total rooms | 10 |
| Lot size | 0.16 acres |
| Garage spaces | 0 |
| Parking spaces | 11 |
| Basement | Full |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Concord →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 63 Cottage Lane, Concord MA 01742 have?
It is a 10-unit multi-family property with 4,927 sqft of living area, built in 1850.
How long has 63 Cottage Lane, Concord MA 01742 been on the market?
63 Cottage Lane, Concord MA 01742 has been listed for 42 days (since June 22, 2026).
What is the price per unit?
At a list price of $1,950,000 across 10 units, that works out to roughly $195,000 per unit.
What are the property taxes on 63 Cottage Lane, Concord MA 01742?
Annual property taxes are $17,835 (2026), on an assessed value of $1,366,700.
What is the price per square foot?
At $1,950,000 for 4,927 sqft, that's about $396 per square foot.
Is there parking?
11 total parking spaces.
Where is this property located?
63 Cottage Lane, Concord MA 01742 is in Concord, Middlesex County, MA 01742.
