151 N YORK STREET

POTTSTOWN, PA 19464

Offered at $950,000, the Carriage House at Goose Run presents a rare opportunity to acquire a fully completed, turn-key 4-unit condominium project in the heart of Pottstown. This low-maintenance investment includes four newly constructed, 2-bedroom, 1.5-bath townhouse-style condos—each with high-end finishes, individual electric and HVAC systems, second-floor laundry, and separate addresses (Units A–D). All construction is complete, utilities are in place, and condo documents have been recorded and filed. The property is ideally situated within walking distance of Memorial Park, the Schuylkill River Trail, and Pottstown’s revitalized downtown featuring restaurants, shops, and public events. It is also positioned just blocks from the proposed Schuylkill Valley Regional Rail station, connecting Pottstown to Philadelphia and Reading—making it a strategic hold for long-term appreciation and commuter demand. Each unit is projected to rent for $1,950/month, with stabilized gross income estimated at $93,600 annually. Operating expenses, including condo dues and property taxes, are estimated at $33,952 per year, generating a net operating income of $54,968. At the list price, this reflects a projected cap rate of approximately 5.8%. This offering is ideal for 1031 exchanges, income-focused investors, or groups looking to purchase a clean, professionally built asset with strong rent comps and minimal oversight. A professional investor summary is available upon request, including rent data, NOI breakdown, and example partnership structures.

Listing courtesy of Glocker & Company-Boyertown



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.