2201 & 2207 Perkiomen Avenue Reading, PA $ 674,900
2201 & 2207 Perkiomen Avenue
$ 674,900
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2201 & 2207 Perkiomen Avenue

Reading, PA, 19606
$ 674,900
Bedrooms4 Baths0.0

Monthly Estimate*

$ 4,210

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Multi-Family Home for sale in Reading, PA

for $674,900 with 4 bedrooms. This home was built in 1982 on a lot size of 0.48.

Well established Restaurant and Tavern for over 65 years with "R" Liquor License and its own private rear parking lot which can accommodate 29 vehicles. The restaurant seats approximately 60-65 people. There are also tables and chairs in the bar area in addition to 13 bar stools. The bar is well stocked with everyone's favorite liquor and beers and also has a 6 handle draft system. The dining room consists of several tables and chairs that can be configured for a quiet dinner or rearranged for a private function. There is a gas fireplace in the dining room for additional ambiance. Currently the restaurant is open Thursday-Saturday, but has the potential to be open 7 days a week with an "R" Liquor License. The restaurant boosts a full kitchen with, 6 burner gas stove/oven, broiler. steam table, deep fryer, dishwasher, 2 bay sink, handwashing sink, bain-marie, stand alone refrigerator and freezer, as well as a walk in fridge and walk in freezer. All items will convey with the sale of the real estate as they are owned and not leased. All cookware, dishes, glasses and shelving for storage will also convey with the sale. Patrons can also enjoy their dinner and libations on the outdoor patio. The patio can accommodate another 20-25 people. The second floor is currently being used as a cigar lounge that is open Tuesday-Saturday. It features a well stocked humidor and the opportunity to indulge in a top shelf cocktail while enjoying your premium cigar. There is a full bar upstairs that is covered with the "R" Liquor license as well. It has been rented for private events, meetings, etc. with Wi-Fi availability. Next to the restaurant is a detached 3-4 bedroom home which is on the same deed but has its own tax ID# and is currently rented. There is also an additional free standing, 2 story building/workshop roughly 22' x 28' located in the rear of the parking lot. This building has it's own electric, water/sewer and heat. It would be an ideal set-up for a contractor, plumber or anyone else in the trades business, as well as a professional business. Currently this building is not rented. Rent alone for these properties has the potential to bring in revenues of $50,000+/year. The taxes, assessed values and acreage reflect both Tax ID #s. ALL REASONABLE OFFERS WILL BE CONSIDERED! Breakdown of rents would be the following: 1 Bedroom apt attached to restaurant $1000 minimum/month, 3-4 bedroom free standing house $1600 minimum/month and free standing building in rear of parking lot $1800 minimum/month. Building in the rear of parking lot needs a total renovation but has newer roof. One bedroom apartment and free standing house need updating.

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Multi-Family Active

Price

$ 674,900

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 15,637

Style

Traditional

Lot Size

0.48

Year Built

1982

Town/City

Reading

County/Region

Berks

MLS | Web ID

PABK2063184

Features
General
Living Area 2783
Sewer Public Sewer
Heating Radiator
Cooling Central A/C
Possession 31-60 Days CD
Zoning C-1
Architectural Style Traditional
Construction Materials Mixed Brick
School District ANTIETAM
Year Built 1982
Property Subtype Triplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality MT PENN BORO
Accessibility None
County BERKS
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Drive from US-422 E Franklin St and US-422 BUS E/Perkiomen Ave to Mount Penn
City READING
Number Of Units Total 2
MLS Area Mt Penn Boro (10264)
Lot Size Units Square Feet
Lot Size Square Feet 20908.00
Tax Annual Amount 15637.0
Home Warranty Y/N N
Two Bedroom 0
Structure Type Detached
Price Per Sq Ft Total AG 242.51
Acceptable Financing Cash Conventional FHA PHFA Private VA
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
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Interior
Heating Fuel Oil
Hot Water Other
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
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Exterior
Pool No Pool
Water Source Public
Type of Parking Driveway Off Site On Street Parking Lot
Foundation Details Other
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.48
Lot Size Source Estimated
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2201
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* Excluded Features
List By
Century 21 Gold

Broker

gcarbon@c21gold.com

Email

Affordability Calculator

$5,514
Per Month
76%
24%
0%
Monthly Principal & Interest
$4,210
Monthly Property Taxes
$1,303
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2475194 Elementary School
2442591 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/20/2025$674,900 Listed Price

Map


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2201 & 2207 Perkiomen Avenue, Reading, PA, 19606 is a Multi-Family Home for sale at $674,900 with a lot size of 0.48. 2201 & 2207 Perkiomen Avenue has 4 bedrooms, 0.0 baths, and was built in 1982. The property's zip code is 19606 which is in Reading, PA