26 Powder Mill Road, Maynard, MA 01754
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$649,900
3 Unit
4 Beds
3 Baths
2124 SQFT
0.20 Acre

Property 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 Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 4
  • Total Full Baths: 3
  • Amenities: Bike Path, Laundromat, Shopping, Walk/Jog Trails
  • Basement Features: Full
  • Common Rooms: Kitchen, Living Room, Office/Den

Financial

  • APOD Available: No
  • Gross Operating Income: 53160
  • Net Operating Income: 53160

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No

Construction

  • Year Built: 1920
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73521090
  • Last Updated: 08/15/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/21/2026Active$649,900$290MLSPIN
08/17/2026New$649,900$290MLSPIN
07/10/2026Active$649,900$306MLSPIN
07/06/2026Price Change$649,900$306MLSPIN
05/23/2026Active$699,000$329MLSPIN
05/19/2026New$699,000$329MLSPIN

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Seller's Representative: Lauren Tetreault, Coldwell Banker Realty - Concord
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-08-15 16:01:00