Colonial Live-Work Twin
2212 PERKIOMEN Avenue, Reading, PA 19606
New
MULTI_FAMILY - Colonial - READING, PA
Property size:
1,800 SFLot size:
0.06 AcresPrice / SF:
$169/SF- Added:
- Jun 2, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 2 at 8:06 pm
Property Features for 2212 PERKIOMEN Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Interior features
- Bathroom - Tub Shower, Cedar Closet(s), Kitchen - Eat-In, Store/Office
- Appliances
- Dishwasher, Oven/Range - Electric, Refrigerator, WaterHeater
- Standard status
- Active
- Size
- 1,800 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4299
Utilities
- Heating system
- Hot Water(Heating)
- Cooling system
- Wall Unit(s)
Building Details
- Year built
- 1920
- Number of units
- 2
- Building materials
- Vinyl Siding
- Architectural style
- Colonial
Listing agent Donna M Godfrey License #RM422969 (267) 688-0536
Listing office Godfrey Properties 228 Neiffer Road, Schwenksville, PA (484) 326-5000
Listing date Jun 2, 2026
MLS# PABK2072992
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Upstairs 2‑bedroom apartment with full kitchen (electric cooking) and a full bath with tub/shower combination
- One bedroom on the 2nd floor and one bedroom on the 3rd floor within the upstairs apartment
- Commercial space plus upstairs residence setup, with emergency exit to the 2nd‑floor apartment
- Heating is upgraded hot water (natural gas mentioned) with electric hot water; electric service noted as ample
- In‑unit comforts include wall/window cooling units and a kitchen with dishwasher, electric oven/range, and refrigerator
- Built in 1920 (Colonial style) with vinyl siding; includes basement and on‑street parking
Overview
This solidly built brick twin offers finished commercial space paired with an upstairs two-bedroom apartment, creating a true live-work setup. A secluded “zen” garden sits to the back of the property, offering an added private outdoor spot. The second-floor residential unit includes an emergency exit, supporting convenient safety and separation between work and living areas. Heating is provided by an upgraded natural gas system, with electric hot water and ample electric service. The apartment is cooled with window units and features a full kitchen with electric cooking, along with a full bathroom with a tub/shower combination. One bedroom is located on the second floor and the second bedroom is on the third floor.
The property is located on a well-traveled stretch of Route 422, balancing visibility and traffic with a neighborhood feel. The lot size is about 0.06 acres, and the total building size is approximately 1,800 square feet.
For owner-occupants, this configuration supports a practical day-to-day routine by combining business space and a residence in one address. It may also appeal to investors seeking a mixed live-work income approach, with the upstairs apartment providing ongoing rental potential alongside the commercial component. An AHS Home warranty for one year is included at settlement.
The property is located on a well-traveled stretch of Route 422, balancing visibility and traffic with a neighborhood feel. The lot size is about 0.06 acres, and the total building size is approximately 1,800 square feet.
For owner-occupants, this configuration supports a practical day-to-day routine by combining business space and a residence in one address. It may also appeal to investors seeking a mixed live-work income approach, with the upstairs apartment providing ongoing rental potential alongside the commercial component. An AHS Home warranty for one year is included at settlement.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.4k | $18.00 |
| − Vacancy | −$3.9k | −$2.16 |
| EGI | $28.5k | $15.84 |
| − OpEx | −$10.7k | −$5.94 |
| NOI | $17.8k | $9.90 |
1,800 SF · lease $18.00/SF/yr · vacancy 12.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$254.6K
$222.8K – $297.0K
NOI $17,820 @ 7.0% cap · market cap 5.83%
Second Best
Apartment 5plus
$221.6K
$193.9K – $258.5K
NOI $15,511 @ 7.0% cap · market cap 5.07%
Theoretical Best
Office A
$295.5K
$258.6K – $344.7K
NOI $20,684 @ 7.0% cap · market cap 6.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Mt. Penn Kung ...
Gym & Fitness Center
Location Insight
- Map
- Local Demand
- City
- Reading
- County
- Berks
- State
- Pennsylvania
- Longitude
- -75.89344
- Latitude
- 40.32755
Nearby Similar for Sale
FAQs
What type of property is this?
Live-work space - Finished commercial space with an upstairs two-bedroom apartment lets you operate and live in the same building.
Where is this live-work space located?
The property is located at 2212 PERKIOMEN Avenue Reading, PA.
What is the asking price?
The asking price for this property is $305,900.
What are key features of this property?
This property features: Upstairs 2‑bedroom apartment with full kitchen (electric cooking) and a full bath with tub/shower combination; One bedroom on the 2nd floor and one bedroom on the 3rd floor within the upstairs apartment; Commercial space plus upstairs residence setup, with emergency exit to the 2nd‑floor apartment
