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.
This home has been viewed 38 times
Last Checked: October 12th, 2026 at 6:28am (Source: MLS PIN #73521090)
Gross Income: $53,160
Gross Expenses: $9,327
Net Income Calc: $43,833
Waterfront
Water Views
Annual Expenses for 26 Powder Mill Road, Maynard MA 01754
Total Gross Expenses (Calculated)$9,327/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax9327
Annual Income & Unit Breakdown for 26 Powder Mill Road, Maynard MA 01754
Total Gross Income (Calculated)$53,160
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Rent Includes
General Information for 26 Powder Mill Road, Maynard MA 01754
Listing ID73521090
Property TypeMulti Family / 3 Family
Price619900 ($291.85/SqFt)
Style3 Family
CityMaynard
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total2124
Approximate Lot Size (Acres)0.2
Total Parking6
Garage Parking0
Year Built1920
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningB
Water ViewsYes
Water Views FeaturesBay
Waterfront1
Waterfront FeaturesRiver
Terms
Disclosures for 26 Powder Mill Road, Maynard MA 01754
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceMeasured
ExclusionsWall Mounted Vac In Garage. Hose Reels. Tv Wall Mounts. Japanese Maple Tree.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 26 Powder Mill Road, Maynard MA 01754
Real Estate Taxes9327
Tax Year2026
Assessed Value$561,200
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 26 Powder Mill Road, Maynard MA 01754
Elementary SchoolGreen Meadow
Middle SchoolFowler Middle
High SchoolMaynard High
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 26 Powder Mill Road, Maynard MA 01754