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BHRE Brad Hutchinson Real Estate

sales@bradhutchinson.com +1(781) 665-2222

$649,900

Est. payment - /mo

4 Beds

3 Baths

2,124 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,124 sqft

Price per Sqft $305

MLS Listing ID 73521090

Bedrooms 4

Full Baths 3

Year Built 1920

Annual Tax Amount $9,327

Tax Year 2026

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type 3 Family

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.

Location

State MA

County Middlesex

Zoning B

Direction Waltham Street to Powder Mill

Rooms

Basement Full

Interior

Interior Features Living Room, Kitchen, Office/Den

Flooring Wood

Exterior

Community Features Shopping, Walk/Jog Trails, Laundromat, Bike Path

Waterfront Description Waterfront,River

View Y/N Yes

View Scenic View(s)

Roof Type Shingle

Total Parking Spaces 6

Garage No

Building

Story 3

Foundation Stone

Sewer Public Sewer

Water Public

Schools

Elementary Schools Green Meadow

Middle Schools Fowler Middle

High Schools Maynard High

Others

Senior Community false

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Listed by Coldwell Banker Realty - Concord

NEARBY SCHOOLS & PROPERTIES

At Brad Hutchinson Real Estate, our main goal is simple: to assist buyers and sellers with making the best, most knowledgeable real estate decisions that are right for you. Whether you’re searching for houses for sale, commercial investment opportunities, or apartments for rent, our independent, committed staff is ready to assist you. We have over 60 years of experience serving clients in and around Melrose and Boston's North Shore.

+1(781) 665-2222

sales@bradhutchinson.com

193 Green Street, Melrose, Massachusetts 02176, United States

26 Powder Mill Road Maynard, MA 01754