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Five-Unit Apartment Building
For Sale
$275,000

6 Exchange Street, Ashland, ME 04732

MULTI_FAMILY - Other - Ashland, ME

Property Size3,636 SF
Lot Size0.63 Acres
Price / SF$75.63
Days on Market141

Property Features for 6 Exchange Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 4, Bathroom 5, Bathroom 1, Bathroom 3, Bathroom 2
Parking features Off Street
Basement Unfinished, Partial, Crawl Space
Lot features Rolling/ Sloping, Open, Intown, Neighborhood
Standard status Active
Size 3,636 SF
Lot size 0.63 Acres

Taxes and HOA fees

Tax Year 2021
Tax Annual Amount 4153

Utilities

Sewer type Public Sewer
Heating system Zoned, Oil, Baseboard, Hot Water(Heating)
Water source Public

Building Details

Year built 1852
Number of units 5
Flooring type Wood, Laminate, Composition, Vinyl
Building materials Wood Frame, Brick
Roof type Metal, Shingle
Architectural style Other
Listing Agency: Dobbs Realty
Listed By: Frederick Dobbs
Added: Apr 4 Changed: Aug 2 Last Checked: Aug 22 at 11:06AM
MLS# 1615429

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Five-unit apartment building on a 0.63-acre lot, zoned Residential. The property is constructed with wood frame and brick materials and features a mix of flooring types including wood, laminate, composition, and vinyl. Heating is zoned with oil heat and baseboard hot water systems.

The building is serviced by public water and public sewer and includes off-street parking. Roof coverage consists of both metal and shingle roofing. Built in 1852, the property is located at 6 Exchange Street in Ashland, Maine (Aroostook County).

With multiple bathrooms and five separate units reflected in the layout, this apartment building offers a straightforward multifamily configuration for an owner-operator or investor seeking steady rental housing.

Key Highlights

  • Five‑unit apartment building on a 0.63‑acre lot
  • Residential zoning
  • Wood frame and brick construction

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Electrical 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

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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-unit apartment building on 0.63 acres with off-street parking, public water and sewer, and zoned oil baseboard heat.
Where is this apartment building located?
The property is located at 6 Exchange Street 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 on a 0.63‑acre lot; Residential zoning; Wood frame and brick construction
More about this property
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