Building Details

Year Built 1852

Listing Agency: Dobbs Realty

Listed By: Frederick Dobbs Show Phone

Source: Aroostookrealestate

Added: Aug 11 Changed: Oct 8 Last Checked: Oct 7 at 4:52PM

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Investment Insights

Based on property information with market context.

Located at 6 Exchange St in Ashland, Maine, this apartment property contains five residential units within approximately 3,636 square feet. The building dates to 1852 and is classified as an apartment building within the multifamily property category.

The property is positioned in Ashland, with access to nearby amenities and trails. Its five-unit layout provides a compact multifamily configuration for an owner or operator seeking an apartment asset in the local market.

Key Highlights

• Five‑unit apartment building
• Approximately 3,636 square feet
• Constructed in 1852

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service HVAC Service Building Supply Furniture & Home Goods (Bike/Boat/Book/etc) Store Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5

Residential units

Location Intelligence

Trade Area within ½ mile

70

Businesses Nearby

Explore this area Business Placement

Demographics for 04732, ME

1,506

Population

988

Households

1.5

Avg Household Size

50

Median Age

14%

College-Educated

90%

High-School Grad

267.2 sq mi

ZIP Area

6

Density / Sq Mi

$48,854

Median Household Income

$39,058

Median Earnings

$120,400

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Multifamily property with a five-unit configuration in Ashland.

Where is this apartment building located?

The property is located at 6 Exchange St Ashland, ME.

What is the asking price?

The asking price for this property is $275,000.

What are key features of this property?

This property features: Five‑unit apartment building; Approximately 3,636 square feet; Constructed in 1852