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Pottstown,PA 19464
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAMC2145632
Year Built 2025
Annual Tax Amount $5,455
Tax Year 2024
Property Sub-Type Other
Source BRIGHT
Property Description
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.
Location
State PA
County Montgomery
Area Pottstown Boro (10616)
Zoning 1136 RES: QUADRAPLEX
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Flooring Carpet,Luxury Vinyl Plank
Heat Source Electric
Exterior
Garage Spaces 12.0
Utilities Available Natural Gas Available
Water Access N
View City
Roof Type Asphalt
Street Surface Black Top
Accessibility None
Road Frontage Boro/Township
Total Parking Spaces 12
Garage N
Building
Lot Description Level
Foundation Stone,Brick/Mortar
Sewer Public Sewer
Water Public
New Construction Y
Schools
Elementary Schools Barth
Middle Schools Pottstown
High Schools Pottstown
School District Pottstown
Others
Tax ID 16-00-30504-008
Ownership Condominium
Acceptable Financing Cash,Exchange,Conventional
Listing Terms Cash,Exchange,Conventional
Financing Cash,Exchange,Conventional
Special Listing Condition Standard
Virtual Tour https://aa-aerial-imaging.aryeo.com/videos/0197390b-951f-72fa-9ea5-a74c4ea57344