304 Drinker TPKE, Covington Township, PA 18424
304 Drinker TPKE, Covington Township, PA 18424
304 Drinker TPKE, Covington Township, PA 18424
87
See all 87 photos
Listed by Christopher Troxell Keller Williams Real Estate - Allentown
$549,900
Est. payment /mo
Save
1.93 Acres Lot
Price Dropped by $24K

304 Drinker TPKE Covington Township, PA 18424

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Municipality Covington Township

MLS Listing ID PM-140321

Year Built 1987

Annual Tax Amount $8,396

Tax Year 2026

Lot Size 1.930 Acres

Acres 1.93

Lot Dimensions 1.93

Property Sub-Type Mixed Use

Source Pocono Mountains Association of REALTORS®

Property Description

Exceptional mixed-use investment opportunity in the heart of the Poconos! This versatile income-producing property offers five potential revenue streams, including four residential units and approximately 3,000 square feet of commercial space, making it an excellent value-add opportunity for investors or owner-occupants.

The property features one 3-bedroom apartment, two 1-bedroom apartments, a separate 1-bedroom cottage, and a spacious commercial space previously operated as a daycare. Whether your vision includes professional offices, retail, daycare, service business, or another approved commercial use, the flexible layout provides numerous possibilities.

With multiple residential units already established and additional leasing opportunities available, investors have the ability to significantly increase cash flow by stabilizing the property. The separate cottage also provides an ideal option for an owner-occupant to live on-site while generating rental income from the remaining units.

Strategically located on Route 435 with excellent visibility and just minutes from Kalahari Resort, Gouldsboro State Park, and Interstates 380, 84, and 81, this property benefits from strong year-round demand generated by the area's tourism, recreation, and local workforce.

Whether you're looking to expand your investment portfolio, create multiple income streams, or capitalize on a property with tremendous upside potential, this unique mixed-use opportunity offers the flexibility and long-term value that investors are seeking. Schedule your private tour today and explore the possibilities.

Location

State PA

County Lackawanna

Area 1.93

Rooms

Basement Full, Unfinished

Interior

Heating Baseboard, Forced Air, Hot Water, Oil, Propane

Cooling Ceiling Fan(s), Window Unit(s)

Flooring Tile

Exterior

Exterior Feature Playground, Fire Pit, Private Yard

Parking Features Off Street

Garage Spaces 10.0

View Y/N No

Roof Type Shingle

Building

Lot Description Few Trees

Sewer Public Sewer

Water Well

Structure Type Aluminum Siding,Stucco,Vinyl Siding

Schools

School District North Pocono

Others

Tax ID 22701010004

Special Listing Condition Standard


NEARBY SCHOOL & BUSINESS

Thomas Olsewski
Thomas Olsewski

Agent | License ID: PA# RS376466 and NJ# 2561002

+1(570) 526-2800 | tom@discoverpahomes.com

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

304 Drinker TPKE