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Backup Offers

18 Spring St, Adams, NY, 13605

$40,000

Home List Price

$475*

Closing Credit

6 Bedrooms
3 Full Baths
2,592 SqFt
$15/SqFt
Multi

Location

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18 Spring St, Adams$40,000

Buyer Closing Credits

$475*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingGravel, Two or More Spaces
Year Built1939
HeatingNatural Gas, Forced Air, Space Heater(s)
BasementYes
MLS #S1540240
Lot Size0.10 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 18 Spring St

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Triplex
  • Year Built: 1939
  • Stories: 2
  • Living Area: 2,592 SqFt

Listing Office:

  • Office Name: North Star Real Estate & Property Management
  • Office Phone: (315) 777-4365
  • Listing Agent: Joseph Murtha

Interior Features

Interior Information:

  • Appliances: Electric Water Heater
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Laminate, Varies, Vinyl
  • Interior: Pull Down Attic Stairs

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: Gravel, Two or More Spaces

Virtual/3D Tour

  • Virtual Tour: 18 Spring St
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Space Heater(s)

Other

Directions Information:

  • Directions: From Watertown take I-81S to NY178E/W Church St (Exit 41), continue on NY-178E/W Church St to Spring St

Price Information

Listing Price Info

Price Summary:

  • List Price: $40,000
  • Price Per SqFt: $15/SqFt

Tax Information:

  • Annual Amount: $2,069
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Adams, NY.

Med. Sold Price

$225K

Med. Price/SqFt

$131

Avg. Days On Market

42

# of Sold Homes

2

18 Spring St vs Adams

213 DAYS ON ROCKET

+171 Days

$40,000

-$185K Less

$15/SqFt

-$117 Less

KEY TAKEAWAY

This property is $185K less than the Median Sold Price and $117/SqFt less than other homes in Adams, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NYS
  • MLS Number: #S1540240

Listing Office:

  • Office Name: North Star Real Estate & Property Management
  • Office Phone: (315) 777-4365
  • Listing Agent: Joseph Murtha

IDXThe data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/22/2024, 2:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,069$105,000
2019$2,975$105,000
2018$3,468$105,000
2017$2,856$105,000

History based on county public records data.

Payment Calculator

$267

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$186

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-847611
2
/10
  • Maynard P Wilson Elementary School

  • 13180 US Route 11

  • 3.62 miles

  • Public District Grades PK-5

school-card-donut-847612
4
/10
  • Mannsville Manor Elementary School

  • 423 N Main St

  • 6.60 miles

  • Public District Grades PK-5

school-card-donut-847613
4
/10
  • Sandy Creek Elementary School

  • 124 Salisbury St

  • 11.43 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,773. The majority of Adams, NY residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesNew YorkJefferson CountyAdams1360518 Spring St

This home is located at 18 Spring St in Adams, NY and zip code 13605. This 2,592 square foot home, which was built in 1939, sits on a 0.10 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 23, 2024 and is currently priced at $40,000.

In November 2024 more than 0 listings in Adams, NY were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below. The inventory of homes for sale in Adams, NY between October 2024 and November 2024 decreased by 14.3%. The median list price of listings available in November 2024 was $225,000, while the average time on the real estate market was 42 days.

From Rocket Homes Real Estate and based on county public records data.

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