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26 Powder Mill Rd, Maynard, MA 01754

  • $649,900

  • 4

    bed

  • 3

    bath

  • 2,124

    Sqft ($306/Sqft)

Multi-family for sale 103 days
$49.1K price drop
Movoto is helping 12 homebuyers near you

About 26 Powder Mill Rd

Property type Multi-family
Year built 1920
HOA fee $0/month
Lot size 8,581 Sqft
Movoto estimate
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.
Listed by
Listing Agent - Lauren Tetreault
Listing Office - Coldwell Banker Realty - Concord
Source: MLS Property Information Network, Inc. mls logo
MLS#73521090 • last updated 2 weeks ago
Movoto checked MLS Property Information Network, Inc. for data 3 minutes ago
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Overview
Levels/Style 3, 3
MLS # 73521090
Type Residential Income
Status Active
SubType 3 Family
SqFt 2124
Lot Size (SqFt) 8581
Lot Size (Acres) 0.2
Annual Property Tax 9327
Year Built 1920
Interior
Total # of Bathrooms 3
# Full Baths 3
Total # of Bedrooms 4
Basement Full
Total # of Rooms 11
Flooring Wood
Interior Features Living Room, Kitchen, Office/Den
Exterior
Foundation Stone
Roof Shingle
Construction Frame
Parking Desc Off Street
# Parking Spaces 6
Patio/ Porch Porch
Amenities / Utilities
Sewer Public Sewer
Electricity Circuit Breakers
Water Source Public
Location
View Scenic View(s)
Waterfront Waterfront, River
County Middlesex
Community Features Shopping, Walk/Jog Trails, Laundromat, Bike Path
Elementary School Green Meadow
Middle School Fowler Middle
High School Maynard High
Zoning B
APN 3635614
Directions Waltham Street To Powder Mill
Multifamily Details
Net Operating Income 53160
Total Actual Rent 4430
Gross Income 53160
Lot/ Land Details
Road Frontage Public
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Around the neighborhood

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  • Real Estate
  • MA
  • Middlesex County
  • Maynard
  • 01754
  • 26 Powder Mill Rd

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