18 Spring Street

Adams, NY 13605

$100,000
Price
6
Beds
3
Baths
2,592 Sq. Ft.
$39 / Sq. Ft.
2,592
Sq. Ft.
$39
per Sq. Ft.

Description

Check out this value add triplex located in downtown Adams just off 81 and close to all the amenities. With some great TLC this property could be generating over $2500/month OR you could live in one unit and live for free while the other units pay off your mortgage so you're gaining equity. This would be a great long term play to add to or start your portfolio! This investment property can be a huge asset with a cost segregation study, cash flow and build your net worth. Or how house hacking works!...Check out this value add triplex located in downtown Adams just off 81 and close to all the amenities. With some great TLC this property could be generating over $2500/month OR you could live in one unit and live for free while the other units pay off your mortgage so you're gaining equity. This would be a great long term play to add to or start your portfolio! This investment property can be a huge asset with a cost segregation study, cash flow and build your net worth. Or how house hacking works! Schedule your appointment today.
  1. Listed by Jonathan Gardner • North Star Real Estate & Prop Mgmt LLC-Carthage
    C: 315-405-0700 jgardner.northstar@gmail.com

Property Details for 18 Spring Street

Styles Of Residence
Triplex
On Waterfront
No
Parking Description
Gravel, Twoor More Spaces
Nearest Cross Street
N Main St

Location

Listing Courtesy of North Star Real Estate & Prop Mgmt LLC-Carthage
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LISTING UPDATED: 05/22/2024 11:02 PM

Property Details for 18 Spring Street

StatusActive
MLS #S1540240
Days on Market25
Taxes$2,961 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1939
Lot Size0.10 AC / 4,560 SF
CountyJefferson County

Location

Listing Courtesy of North Star Real Estate & Prop Mgmt LLC-Carthage
Add your commute

Building Information for 18 Spring Street

Stories2Residences3Year Built1939Building Size-Lot Size0.10 AC / 4,560 SF

Payment Calculator

$792 per month

30 year fixed, 7.25% Interest

Principal and Interest

$546

Property Taxes

$247

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 18 Spring Street

Summary
Location and General Information
  • Elementary School District: South Jefferson
  • High School District: South Jefferson
  • Middle Or Junior School District: South Jefferson
  • Village: Adams-Village
  • Human YN: No
Parking
  • Garage Spaces per Apt: .00
Taxes and HOA Information
  • Area NYSWIS Code: Adams-Village-222001
  • Tax Annual Amount: $2,961.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 2592.0
  • Land Features: Residential Lot
  • Num Of Acres: 0.1047
  • Lot Size Area: 0.1047
  • Lot Size Square Feet: 4560.0
  • Lot Size Units: Acres
  • Parcel Number: 222001-112-036-0004-044-000
  • Road Frontage: City Street
  • Lot Number: 44
Property and Assessments
  • Property Condition: Resale
  • Assessed Value: $105,000
  • Year Built: 1939
  • Year Built Description: Existing
Utilities
  • Electric Service: Circuit Breakers
  • Num Of Electric Meters: 3
  • Num Of Gas Meters: 3
  • Sewer Description: Connected
  • Utilities Available: Cable Available, Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Copper Plumbing, PEXPlumbing
Interior Features
  • Appliances: Electric Water Heater
  • Basement Description: Full, Walk Out Access
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 6
  • Num Fireplaces Total Calculated: 2
  • Fireplace YN: Yes
  • Floor Description: Carpet, Hardwood, Laminate, Varies, Vinyl
  • Heating: Gas, Forced Air, Space Heater
  • Heating YN: Yes
  • Interior Features: Pull Down Attic Stairs
  • Laundry Features: Washer Hookup
  • Levels: Two
  • Sq Ft Total: 2592.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Operating Expense Includes: Insurance, Water Sewer
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: Oven/ Range,Refrigerator,Dining Area With Kitchen,Living Room
  • Unit Type Total Rent: $.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Occupant Type: Other
  • Unit Type Actual Rent Range: 0
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: Oven/ Range,Refrigerator,Dining Area With Living Room,Living Room
  • Unit Type Total Rent: $.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Occupant Type: Other
  • Unit Type Actual Rent Range: 0
Unit 3
  • Unit Type Actual Rent: $925.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 4
  • Features: Dishwasher,Oven/ Range,Refrigerator,Dining Area With Kitchen,Living Room,Porch
  • Unit Type Total Rent: $925.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 925
Rental
Rental Information
  • Rent Includes: Other, See Remarks, Water
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 18 Spring Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 18 Spring Street

Taxable ValueLand$10,800Additions$94,200Total$105,000
Home Facts
Baths3Total Finished SqFt2,592 SqFtAbove Grade Finished SqFt2,592 SqFtStories2Lot Size4,560 SqFtStyleTriplexYear Built1939ZoningR9CountyJEFFERSONAPN222001 112.36-4-44

Schools near 18 Spring Street

This home is within South Jefferson Central School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Maynard P Wilson Elementary School
PublicPK to 5

Clarke Middle School
Public6 to 8

South Jefferson High School
Public9 to 12

Mannsville Manor Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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18 Spring Street is a multi-family home for sale in Adams, NY 13605. This property was listed for sale on May 22, 2024 by North Star Real Estate & Prop Mgmt LLC-Carthage, it's currently listed at $100,000. This listing's school district is South Jefferson Central School District. Nearby schools include Maynard P Wilson Elementary School, Clarke Middle School and South Jefferson High School. 18 Spring Street is a 6-bed, 3-bath, 2,592 sqft multi-family home built in 1939.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of North Star Real Estate & Prop Mgmt LLC-Carthage

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.