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26 Powder Mill RdMaynard, MA 01754

Middlesex County

$619,900List price
3Baths
2,244Sq Ft
1920Year built
0.20Acre lot
9 weeks agoOn market

Description

MAJOR PRICE ADJUSTMENT - NOW $619,900 • MAYNARD 3-UNIT INCOME PROPERTY • $4,430/MONTH CURRENT RENT • BUSINESS DISTRICT • ROUTE 62 FRONTAGE • COMMERCIAL POTENTIAL • ASSABET RIVER VIEWS. A distinctive Maynard multifamily investment combining established residential rental income with the added flexibility of a Business District location. The first floor is currently configured as a 2-bedroom apartment with 5 rooms, full kitchen and bath, and is being used as work/live space. A separate direct exterior entrance, prominent Route 62 visibility, potential signage, and access to basement storage also create intriguing potential for an owner-user, professional office, studio, or other permitted commercial use. The two upper-level units are each legal 1-bedroom apartments, offering an investor multiple income streams or an owner-occupant the ability to combine homeownership with rental income. Current total rental income is $4,430/month. Each unit has separately metered electricity, heat, and hot water; water/sewer is combined. Six off-street parking spaces add flexibility for residents and potential business use. Additional features include replacement windows and recent exterior paint. Set directly along the Assabet River, the property offers river views, backyard space, and a gardening area while benefiting from Route 62 frontage and visibility. Convenient to Downtown Maynard, local shops and restaurants, the Maynard Cultural District, Assabet River Rail Trail, and routes connecting Maynard with Acton, Concord, Sudbury, and the greater MetroWest area. Ideal for investors, owner-occupants, or buyers seeking a Maynard multifamily property with existing rental income plus future mixed-use potential. Current occupants are tenants at will. Buyer/buyer’s agent to verify intended commercial use and zoning requirements with the Town of Maynard. No flood insurance required for current owner.

Property Information

Property type
Commercial Sale
Year built
1920
Living area
2,244 Sq Ft
Lot size
0.20 acres
Zoning
business
Days on market
64
MLS® Listing#
73564387

Property Features

Roof
Asphalt
Sewer
Public Sewer
Water source
Public

Financial Details

HOA
None
Annual taxes
$9,327Tax year 2026
Parcel number
M:0015 B:0000 L:0097.0,3635614

Directions

Waltham Street to Powder Mill

Listing Courtesy: Coldwell Banker Realty - Concord - 9783691000

Presented by: Lauren Tetreault

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