Active
116 Days on market
26 Powder Mill Road Maynard — Photo 1 of 16

26 Powder Mill Road Maynard — Photo 1 of 16

Recent Drop: $49,100

$699,000
$649,900

$649,900

Investment Analysis — 26 Powder Mill Road

Maynard, MA 01754

Based on rent reported on the MLS listing, a 3-unit multi-family in 01754 carries $4,430/mo in gross rent — about a 4.78% cap rate and $31,075/yr in estimated NOI at the $649,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

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.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$699,000
Annual Taxes$9,327

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms11
FireplacesNone
FlooringWood
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningB

Property & Lot

Acres0.2
SqFt Lot8,581
Lot Features--

Neighborhood

Shopping • Walk/Jog Trails • Laundromat • Bike Path

Geography

Property History

Price Drop
$649,900

Was $699,000

Jul 6, 2026

MLS® 73521090

Listed
$699,000

May 19, 2026

MLS® 73521090

Terminated
$1,000

Jun 2, 2005

MLS® 70174546

Listed
$1,000

Apr 15, 2005

MLS® 70174546

Listing Provided By

Listing Agent: Lauren Tetreault

Listing Office: Coldwell Banker Realty - Concord

MLS® Number: 73521090