About 151 N York St
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.
