& 2207 Perkiomen Ave

Mount Penn | Pennsylvania

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2201

& 2207 Perkiomen Ave

Mount Penn | Pennsylvania

2201 & 2207 Perkiomen Ave, Reading, PA 19606, Mount Penn, Pennsylvania, United States. , Mount Penn , Pennsylvania

4 Bedrooms Multi Family (2 4 Units)

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.

Property

3D Street View Tour

Property Location

2201 & 2207 Perkiomen Ave, Reading, PA 19606, Mount Penn, Pennsylvania, United States., Mount Penn Pennsylvania

Local Weather & Climate

Mount Penn, Pennsylvania

Current Conditions Updated recently

37 °F

Mist

Feels Like 30°F

Humidity 92%

Wind 10 mph

Visibility 1.5 mi

Sunrise 11:50 AM

Sunset 10:44 PM

5-Day Forecast

Fri 20 Feb

Clouds

High 39°

Low 39°

Sat 21 Feb

Clouds

High 44°

Low 35°

Sun 22 Feb

Clouds

High 35°

Low 32°

Mon 23 Feb

Snow

High 34°

Low 28°

Tue 24 Feb

Clouds

High 31°

Low 20°

Annual Climate Based on last 12 months

45° Avg Low

Jan

62° Avg High

Jul

162 Rainy Days

per year

Arid

Semi-Arid

Moderate

Wet

42.1" Annual Rainfall

Moderate climate

❄

31 Snow Days

per year

Monthly Temperatures

Jan

34°

20°

Feb

36°

20°

Mar

56°

36°

Apr

66°

45°

May

71°

52°

Jun

82°

63°

Jul

85°

68°

Aug

82°

66°

Sep

76°

61°

Oct

65°

48°

Nov

52°

37°

Dec

37°

24°

Data from OpenWeatherMap & Open-Meteo

Walkability & Transit Scores

How easy is it to get around Mount Penn?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

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Home Price

Down Payment

$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (United States)

$0 Est. First Year Interest Deduction

$0 Est. Annual Tax Savings

*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
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Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
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The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:

Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
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Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.

Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.

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Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 2201 & 2207 Perkiomen Ave, Reading, PA 19606, Mount Penn, Pennsylvania, United States have?

This house at 2201 & 2207 Perkiomen Ave, Reading, PA 19606, Mount Penn, Pennsylvania, United States features 4 bedrooms with 2,783 square feet of living space.

What is the size of 2201 & 2207 Perkiomen Ave, Reading, PA 19606, Mount Penn, Pennsylvania, United States?

This property offers 2,783 square feet of living space.

What is the listing price for 2201 & 2207 Perkiomen Ave, Reading, PA 19606, Mount Penn, Pennsylvania, United States?

This property is listed at $67,490,000, which equals $24251 per square foot.

What is the climate like in Mount Penn?

Mount Penn features a pleasant climate. Average temperatures range from 45°F in winter to 62°F in summer. The area receives approximately 42.1 inches of precipitation annually. There are about 162 days with rain throughout the year. Expect around 31 days with snow. This climate information can help you plan for seasonal activities and energy costs.

What are the best months to visit or move to Mount Penn?

Mount Penn tends to be warmest in Jul and coldest in Jan. The shoulder seasons of spring and fall often offer the most comfortable weather for moving and outdoor activities.

What type of property is 2201 & 2207 Perkiomen Ave, Reading, PA 19606, Mount Penn, Pennsylvania, United States?

This is a house located in Mount Penn, Pennsylvania. The property is situated in an established neighborhood with convenient access to local amenities and services.

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