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63 Cottage Lane, Concord MA 01742

Concord, MA 01742
$2,200,000
Est. $12,811/month
10
Beds
10
Baths
4,927
Sq Ft
$447
Price/Sq Ft
0.16
Acres
1850
Year Built
11
Parking
17
Days on Market
Active Listed Jun 22, 2026 • MLS# 73539600 Copied! • Updated Jun 26, 2026

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.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jun 22, 2026
$2,200,000
Original listing
Agent: Tom Egbers Office: Northeast Private Client Group, LLC

Tax History

Year Taxes Assessment
2026 $17,835 $1,366,700

Financial Details

Annual Property Tax
$17,835
Tax Year 2026
Assessed Value
$1,366,700

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1850
Living Area 4,927 sq ft
Lot Size 0.16 acres
Bedrooms 10
Full Baths 10
Total Rooms 10

Investment Metrics

Units 10
Unit 1 Rent $1,200/mo · N
Unit 2 Rent $1,500/mo · N
Unit 3 Rent $1,600/mo · N
Total Monthly Rent $4,300/mo
Gross Income $158,384
Net Operating Income $100,003
Operating Expenses $58,381
Water/Sewer Expense $4,130
Electric Expense $1,449
Insurance Expense $9,715
Cap Rate 4.55%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full
Laundry None
Features None
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Total Spaces 11
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $17,835
Assessed Value $1,366,700
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 4 days

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1850
Bedrooms
10
Full Bathrooms
10
Living Area
4,927 sq ft
Total Rooms
10
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1850
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Total Parking Spaces: 11
Parking Features:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,486
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

63 Cottage Lane, Concord MA 01742

Concord, MA 01742

Listing Information

Listing Agent Tom Egbers
Listing Office Northeast Private Client Group, LLC
Office Phone 857-990-6800
Agent MLS ID CN257278
Office MLS ID AN8574
Listing Data Updated Jun 26, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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