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Maggie Li

I'm Maggie Li, a Newton, MA real estate agent serving first-time buyers, luxury clients and sellers across Greater Boston in English & Mandarin. Let's find your home.

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  • 1229 Centre Street, Newton Centre, MA, USA
  • (774) 222-0952
  • lyx0402@gmail.com

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William Raveis

© 2026 Maggie Li. All rights reserved.
Equal Housing Opportunity. Information deemed reliable but not guaranteed.

  1. Home
  2. Listings
  3. 63 Cottage Lane, Concord, MA 01742
Active
59 Days on market
63 Cottage Lane Concord — Photo 1 of 31

63 Cottage Lane Concord — Photo 1 of 31

Recent Drop: $350,000

$2,200,000
$1,850,000

$1,850,000

63 Cottage Lane, Concord, MA 01742

Concord, MA 01742

Beds

10

Baths

10

SqFt

4,927

Style

5-9 Family

Built

1850

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.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$375/sqft
Local Avg (Concord)$609/sqft
38% BelowMarket Average

* Analysis is based on 22 actively listed and recently sold comparable properties strictly within Concord, MA.

Property Details

Financials

Original Price$2,200,000
Annual Taxes$17,835

Parking

Garage0
Off-Street11

Interior Specifications

Total Rooms10
FireplacesNone
Flooring--
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningResidence

Property & Lot

Acres0.16
SqFt Lot6,950
Lot FeaturesCorner Lot

Geography

Property History

Price Drop
$1,850,000

Was $1,950,000

Aug 14, 2026

MLS® 73539600

Price Drop
$1,950,000

Was $2,200,000

Jul 30, 2026

MLS® 73539600

Listed
$2,200,000

Jun 22, 2026

MLS® 73539600

Population

18,448

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$195K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

24.0%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Full Concord, MA market report ZIP 01742 market data
Listing Provided By

Listing Agent: Tom Egbers

Listing Office: Northeast Private Client Group, LLC

MLS® Number: 73539600

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