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$100,000   Price Analysis
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18 Spring St
Adams, NY 13605
6 bed 3 bath 2,592 SqFt ($38/SqFt)
4,560SqFt lot. Built 1939
Listed 2024-05-23, Taxes $2,954
USDA Eligible
near Adams, NY
 Restrictions may apply
due to home size

Check out this value add triplex located in downtown Adams off 81 and clos to all the amenities.

With some extraordinary 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.


Presented by Jonathan Gardner at
North Star Real Estate & Property Management LLC-Carthage.


Property MLS #S1540240 from NYStateAlliance

Bedrooms: 6

Total Bathrooms: 3
Full Bathrooms: 3

PullDownAtticStairs
Flooring: Carpet, Hardwood, Laminate, Varies, Vinyl

ElectricWaterHeater
Laundry Features: WasherHookup

Heating Features: Gas, ForcedAir, SpaceHeater
Heating: Yes
Number of Fireplaces: 2

Basement Description: Full, WalkOutAccess

Lot Description: ResidentialLot
Lot Size Acres: 0.1046832
Lot Size Dimensions: 48X95
Lot Size Square Feet: 4560

Road Frontage Type: CityStreet

Garage Spaces: 2
Garage Description: Gravel, TwoorMoreSpaces
Parking Features: Gravel, TwoorMoreSpaces

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School District: South Jefferson
High School District: South Jefferson
Middle or Junior School District: South Jefferson

South Jefferson High School is a public high school located approximately 1.5 miles away.
directions icon Map directions

Clarke Middle School is a public middle school located approximately 1.5 miles away.
directions icon Map directions

Maynard P Wilson Elementary School is a public elementary school located approximately 3.6 miles away.
directions icon Map directions

Number of Units In Community: 3
Number of Units: 3

Rent Includes: Water

Annual Tax Amount: 2961
Source Listing Status: Active
County: Jefferson
Cross Street: N Main St
Directions: From Watertown take I-81S to NY178E/W Church St (Exit 41), continue on NY-178E/W Church St to Spring St
Source Property Type: Residential
Area: Adams-Village-222001
Source Neighborhood: Adams-Village-222001
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Owner Pays: Water
Parcel Number: 222001-112-036-0004-044-000
Postal City: Adams
Township: Adams-Village
Property Subtype: MultiFamily
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$94,200 + $10,800
$105,000
$2,954
2022$94,200 + $10,800
$105,000
$2,978
2021$94,200 + $10,800
$105,000
$2,960
2020$94,200 + $10,800
$105,000
$2,975
2017$94,200 + $10,800
$105,000
$2,855
2016$94,200 + $10,800
$105,000
$2,838
2015$94,200 + $10,800
$105,000
$2,795
2014$87,200 + $10,800
$98,000
$2,592
2014$94,200 + $10,800
$105,000
$2,614
2013$87,200 + $10,800
$98,000
$2,557
2012$87,200 + $10,800
$98,000
$2,517
2011$50,200 + $4,800
$55,000
$2,413
2010$50,200 + $4,800
$55,000
$2,385
2009$50,200 + $4,800
$55,000
$2,249

Listed 2024-05-23
$100,000
NYStateAlliance

Operating Expense Includes: Insurance, WaterSewer

Total Square Feet Living: 2592
Year Built: 1939
Building Area Source: PublicRecords
Building Area Total: 2592
Construction Materials: VinylSiding, CopperPlumbing, PEXPlumbing
Levels: Two
Property Age: 85
Property Condition: Resale
Levels or Stories: 2
Building Total Stories: 2
Year Built Details: Existing
Architectural Style: Triplex

Electric: CircuitBreakers
Sewer: Connected
CableAvailable
SewerConnected
WaterConnected
Water Source: Connected, Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.