
26 Powder Mill Road Maynard — Photo 1 of 16
Recent Drop: $49,100
$649,900
Maynard, MA 01754
Beds
4
Baths
3
SqFt
2,124
Style
3 Family
Built
1920
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.
* Analysis is based on 19 actively listed and recently sold comparable properties strictly within Maynard, MA.
Shopping • Walk/Jog Trails • Laundromat • Bike Path
Was $699,000
Jul 6, 2026
MLS® 73521090
May 19, 2026
MLS® 73521090
Jun 2, 2005
MLS® 70174546
Apr 15, 2005
MLS® 70174546
10,712
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
$124K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
25.0%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
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)
Listing Agent: Lauren Tetreault
Listing Office: Coldwell Banker Realty - Concord
MLS® Number: 73521090
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