Cottage Lane Multifamily
Multifamily | 10 Units
Marketing description
Northeast Private Client Group is pleased to present The Cottage Lane Apartments, a 10-unit multifamily property located at 63 Cottage Lane in downtown Concord, Massachusetts.
The property consists of (4) studio units and (6) one-bedroom apartments. Tenant amenities include off-street parking and on-site laundry facilities. Tenants are responsible for their own electric, while ownership covers gas heat and hot water. The property has been well maintained over the years, including a roof replacement in 2013, and lead compliance certificates for all units.
Ideally situated near Concord Center, the property offers convenient access to the Concord MBTA Commuter Rail station, providing direct service into Cambridge and Downtown Boston. Concord is widely regarded as one of Greater Boston's most prestigious suburban communities, known for its top-ranked public schools, strong household incomes, and vibrant downtown district featuring boutique retail, cafés, restaurants, and local amenities.
The combination of limited multifamily inventory, strong rental demand, and high barriers to entry makes 63 Cottage Lane a compelling long-term investment opportunity in an exceptionally supply-constrained market. The Town has also adopted multifamily zoning districts in connection with the Commonwealth's MBTA Communities Act, which are intended to accommodate multifamily residential development at an average density of 15 units per acre across the district. All interested and qualified parties will have the opportunity to obtain additional information and walk the premise upon request.
Investment highlights
- 10-Unit Multifamily Property | Downtown Concord
- (4) Studio & (6) One Bedroom Units | Value-add Opportunity
- Off-street Parking | Tenant Paid Electric | Coin-op Laundry
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