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.
Multi-familyProperty Type
1920Year Built
8,581 sq ftLot Size
$306Price/Sq.Ft.
6 spacesParking
Listed by Lauren Tetreault• Coldwell Banker Realty - Concord
Remarkable opportunity to own on Assabet River, walled bank & graceful garden comforts occupants. Antique colonial with 3 separate units grosses $29,100 annual, current expenses: $4199. First floor office currently medical, 2nd & 3rd floor apartments fully rented under lease. Full basement partly finished.
Public Records
Jun 8, 1988
Sold
$163,000
$77/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$9,327 (+18.0%)
$266,100 + $291,400
$557,500
2025
$7,904 (+2.4%)
$248,400 + $194,900
$443,300
2024
$7,715 (+2.2%)
$236,600 + $194,900
$431,500
2023
$7,546 (−7.6%)
$214,400 + $183,400
$397,800
2022
$8,163 (+8.1%)
$214,400 + $183,400
$397,800
2021
$7,552 (−0.4%)
$199,600 + $175,200
$374,800
2020
$7,583 (+5.1%)
$192,200 + $175,200
$367,400
2019
$7,213 (+2.0%)
$192,200 + $150,600
$342,800
2018
$7,070 (+2.9%)
$192,200 + $120,100
$312,300
2017
$6,874 (+3.6%)
$192,200 + $120,100
$312,300
2016
$6,636 (−9.5%)
$192,200 + $120,100
$312,300
2014
$7,333 (+11.2%)
$192,200 + $136,800
$329,000
2013
$6,596 (+8.6%)
$192,200 + $136,800
$329,000
2012
$6,072 (+4.4%)
$192,200 + $136,900
$329,100
2011
$5,815 (+5.0%)
$192,200 + $140,100
$332,300
2010
$5,537 (+22.7%)
$192,200 + $145,200
$337,400
2009
$4,513
$161,200 + $149,800
$311,000
Public record
Beds
4
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
8,712 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
2,124
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,124
Year built
1920
Style
Multi-Family (2-4 Unit)
County
Middlesex County
APN
487528S
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 97° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Maynard, MA • 01754
Average low and high temperatures (°F)
33
17
36
18
51
30
60
39
69
49
81
59
85
65
80
59
75
54
64
42
52
33
38
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
85/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
4.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 26 Powder Mill Rd
$644,614
$5,286 under list price of $650K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $600K to $800K.