10-Unit Multifamily Apartment
For Sale
$2,200,000
63 Cottage Ln, Concord, MA 01742
Well-maintained mix of studio and one-bedroom units with off-street parking and on-site laundry.
Days on Market39
Property Features for 63 Cottage Ln
General Information
Standard status
Active
Property subtype
Investment
Additional Details
Multifamily Units
10
Building Details
Year Built
1850
Tenancy
Multi
Listing Agency:
Northeast Private Client Group | Greater Boston
(309) 825-1662
Listed By:
Tom Egbers · License #134670
(309) 825-1662
Source:
Elliman
Added: Jun 25
Changed: Jul 10
Last Checked: Aug 1 at 10:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northeast Private Client Group | Greater Boston
Investment Insights
Based on property information with market context.
The Cottage Lane Apartments is a well-maintained 10-unit multifamily property with (4) studio units and (6) one-bedroom apartments. The building offers off-street parking and on-site laundry facilities for residents. Electric service is separately metered, with the owner responsible for heat and hot water. The property has also undergone significant capital improvements, including a roof replacement and lead compliance certification for all units.
Located in the heart of historic Concord, the property is just minutes from Concord Center and the MBTA Commuter Rail. Residents have convenient access to Cambridge and Boston, along with Concord’s schools, downtown, shops, restaurants, and cultural attractions.
This is a practical fit for buyers looking to acquire a smaller multifamily asset with a balanced studio and one-bedroom mix. Recent building improvements and completed lead compliance certification support day-to-day operations, while separately metered electric can help streamline utility administration. The on-site laundry and off-street parking add straightforward tenant conveniences for a residential income property.
Located in the heart of historic Concord, the property is just minutes from Concord Center and the MBTA Commuter Rail. Residents have convenient access to Cambridge and Boston, along with Concord’s schools, downtown, shops, restaurants, and cultural attractions.
This is a practical fit for buyers looking to acquire a smaller multifamily asset with a balanced studio and one-bedroom mix. Recent building improvements and completed lead compliance certification support day-to-day operations, while separately metered electric can help streamline utility administration. The on-site laundry and off-street parking add straightforward tenant conveniences for a residential income property.
Key Highlights
- 10‑unit multifamily (built 1850) in historic Concord with 4 studio units and 6 one‑bedroom apartments
- Off‑street parking plus on‑site laundry facilities for residents
- Separately metered electric service; owner is responsible for heat and hot water
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
713
Businesses Nearby
Explore this area
Business Placement
Demographics for 01742, MA
18,545
Population
6,659
Households
2.8
Avg Household Size
47
Median Age
79%
College-Educated
96%
High-School Grad
24.1 sq mi
ZIP Area
770
Density / Sq Mi
$211,435
Median Household Income
$112,975
Median Earnings
$2,471
Median Rent
$1,139,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained mix of studio and one-bedroom units with off-street parking and on-site laundry.
Where is this apartment building located?
The property is located at 63 Cottage Ln Concord, MA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 10‑unit multifamily (built 1850) in historic Concord with 4 studio units and 6 one‑bedroom apartments; Off‑street parking plus on‑site laundry facilities for residents; Separately metered electric service; owner is responsible for heat and hot water
