26 Powder Mill RoadMaynard, MA 01754

Description

MAYNARD 3-UNIT INCOME PROPERTY • BUSINESS DISTRICT • $4,430/MONTH CURRENT RENT • 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

Residential Income

Sub-type

Triplex

Year built

1920

Stories

3

Living area

2,124 Sq Ft

Lot size

0.20 acres

Parking spaces

6

Zoning

B

Days on market

134

MLS^® Listing#

73521090

Property Features

Flooring

Wood

Basement

Full

Parking

Off Street

Patio

Porch

Lot features

Waterfront

Construction

Frame

Foundation

Stone

Roof

Shingle

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Green Meadow

Middle

Fowler Middle

High

Maynard High

Financial Details

Annual taxes

$9,327Tax year 2026

Assessed value

$561,200

Parcel number

3635614

Directions

Waltham Street to Powder Mill