Description
MAJOR PRICE ADJUSTMENT - NOW $619,900 MAYNARD 3-UNIT INCOME PROPERTY $4,430/MONTH CURRENT RENT BUSINESS DISTRICT 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.
Details
| MLS # | 73521090 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 180 |
| Listing Provided By | Coldwell Banker Realty - Concord | Lauren Tetreault |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,124 |
| Basement | Y |
| Story(s) | 3 |
| Units | 3 |
| Zoning | B |
| Acreage | 0.20 |
| Water Front | Yes |
| Property View | Yes |
Interior
| Rooms Total | 11 |
|---|---|
| Interior Features | Living Room, Kitchen, Office/Den |
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
| Flooring | Wood |
Exterior
| Roof | Shingle |
|---|---|
| Construction Materials | Frame |
| Foundation Details | Stone |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Off Street |
Utilities
| Sewer | Public Sewer |
|---|---|
| Electric | Circuit Breakers |
Taxes
| Tax Annual Amount | 9327 |
|---|---|
| Tax Assessed Value | 561200 |
| Tax Year | 2026 |
Location
| Community Features | Shopping, Walk/Jog Trails, Laundromat, Bike Path |
|---|---|
| Senior Community Yes / No | No |
Area Information
| State | MA |
|---|---|
| County | Middlesex |
| City | Maynard |
| Zip Code | 01754 |
| Area | Middlesex |
| School District | Maynard High |
| Elementary School | Green Meadow |
| High School | Maynard High |
| Listing VS Median (in 01754) | |
Price: $619,900 low | high Med: $619,900 sqft: 2,124 low | high Med: 2,244 $ / sqft: $292 low | high Med: $276 On site: 180 low | high Med: 90 | |
Market Activity 01754
Request a showing
Request a showing
Contact
Learn More About This Property
| State | MA |
|---|---|
| County | Middlesex |
| City | Maynard |
| Zip Code | 01754 |
| Area | Middlesex |
| School District | Maynard High |
| Elementary School | Green Meadow |
| High School | Maynard High |
| Listing VS Median (in 01754) | |
Price: $619,900 low | high Med: $619,900 sqft: 2,124 low | high Med: 2,244 $ / sqft: $292 low | high Med: $276 On site: 180 low | high Med: 90 | |
 | $619,90026 Powder Mill RdMaynard, MA 01754 |
 | $619,9006 Crane AveMaynard, MA 01754 |
 | $619,9006 Crane AveMaynard, MA 01754 |