This owner occupied 4-family has been lovingly maintained and updated by the same owner for 32 years! The list of updates is endless: The roof was stripped and replaced in 2017, Replacement windows throughout the house, each unit has Central Air, all separate utilities, (2) of the four furnaces are a year old with the other (2) being less than twelve years old. (3) of the four units have undergone extensive renovations including the owner's unit which is immaculate! Off street parking, coin operated laundry in the basement. All of this with easy access to downtown Maynard and all it has to offer!
ONE OF A KIND SHOVEL READY INVESTMENT OPPORTUNITY! This exceptional BUILDING HAS BEEN FULLY PERMITTED & APPROVED FOR CONSTRUCTION! Outstanding location in VIBRANT DOWNTOWN MAYNARD ACROSS FROM MILL & MAIN, surrounded by a dynamic mix of shops, restaurants, and STEADY BUSINESS ACTIVITY. BUILD A MODERN MIXED USE STRUCTURE envisioned by a local & established designer. THIS IS A RARE OPPORTUNITY TO GET ON THE RIGHT SIDE OF A TERRIFIC LONG TERM INVESTMENT. Can support a wide range of business opportunities, the building offers flexible layouts IDEAL FOR RETAIL, OFFICE & 3 RESIDENTIAL LIVING/CONDO/RENTAL. Large windows provide EXCELLENT VISIBILITY & natural light, while modern finishes will create an inviting one-of-a kind atmosphere. Ample space to accommodate multiple businesses under one roof, THIS SITE IS IDEAL FOR ENTREPRENEURS & ESTABLISHED BRANDS ALIKE! Truly a prime location with an exceptional design that makes this mixed use space a FLAGSHIP DESTINATION for any business & customers!
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.
Maynard is located in Massachusetts. Maynard, Massachusetts has a population of 10,702. Maynard is more family-centric than the surrounding county with 40.01% of the households containing married families with children. The county average for households married with children is 35.9%.
The median household income in Maynard, Massachusetts is $112,432. The median household income for the surrounding county is $111,790 compared to the national median of $69,021. The median age of people living in Maynard is 40.5 years.
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 16.2 degrees. The average rainfall is approximately 48.1 inches per year, with 50.4 inches of snow per year.
