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26 Powder Mill Rd, Maynard, MA, 01754

4beds
3baths
2,124sqft
$649,900
$306price/sqft
$4,860/moest. monthly cost
$194,400/yrincome needed

About This Home

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.

Getting Around

79
WalkingVery Walkable
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

4/10
Green Meadow SchoolGrades PK-30.9 mi
6/10
Fowler SchoolGrades 4-81.0 mi
8/10
Maynard High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Stone
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: 3 Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Living Room,Kitchen,Office/Den
  • Flooring: Wood
  • Finished area above ground: 2,124

Interior Area

  • Total structure area: 2,124
  • Total interior livable area: 2,124 sqft

Property

Details

  • Parcel number: 3635614
  • Zoning: B

Features

  • Patio & porch: Porch
  • Has view: Yes
  • View description: Scenic View(s),Water,River
  • Has water view: Yes
  • Water view: River,Water
  • On waterfront: Yes
  • Waterfront features: Waterfront,River

Lot

  • Lot size: 8,581 sqft

Parking

  • Total spaces: 6
  • Parking features: Off Street
  • Uncovered spaces: 6

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,286$39,432
Home Insurance *$174$2,088
Property Taxes $982$11,784
Electricity $418$5,026
Total$4,860$58,320
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$166,628/yr
40% on housing$145,800/yr
45% on housing$129,600/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.6%
7.6%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$306This listing

vs Other Active Listings

Avg $/sqft

ZIP 01754$438
Middlesex County$437

vs Homes Sold Last Month

Median $/sqft

ZIP 01754$393
Middlesex County$413

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-06Price change$649,900
2026-05-19Listed for sale$699,000
2010-01-18Listing removed$750
2010-01-02Listed for sale$750
2005-01-28Sold$345,000

For Sale by Agent

AgentLauren Tetreault
BrokerageColdwell Banker Realty - Concord

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