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304 Drinker Turnpike

Covington Twp, PA 18424
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Bed 5

Bed

Bath 7

Bath

SqFt6,610

Sqft

SqFt88,252

Sqft(Lot)

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 s ignificantly 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.

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Detail Ic Property Details

Property Type : Residential

Price : $549,900

AD Id : 77630530

MLS Id : 774816

Beds : 5

Lot Size : 88,252 Sqft

Living Area Size : 6,610

Year Built : 1987

County : Lackawanna

Subdivision: None Available

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 7 Full Baths: 5 Half Baths: 2

    Room Information

    Rooms Total: 18 Has Basement: Yes Basement: Full
  • Flooring Information

    Carpet, Ceramic Tile, Hardwood
  • Roofing Information

    Asphalt, Fiberglass
  • Interior Features

    Eat-in Kitchen, Storage Roof: Asphalt, Fiberglass Appliances: Dishwasher, Microwave, Refrigerator, Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard, Forced Air, Propane Has Cooling: Yes Cooling: Central Air, Ceiling Fan(s), Wall/Window Unit(s)

  • Building Information

    Year Built: 1987 Construction Materials: Aluminum Siding, Stucco, Vinyl Siding Stories: 2 Patio And Porch Features: Deck Private Pool: No

  • Lot Information

    Main Square Feet: 88252 Square Feet Lot Size Acres: 2.026 Lot Size Source: Estimated Lot Size Square Feet: 88252

    Property Information

    Subdivision: Not in Development Source Property Type: Residential Property Age: 39

  • Listing Price Information

    Listing Price: $549900 Original Price: $589000

  • Tax Information

    Parcel Number: 22701010004 Annual Tax: $8848.54

  • Parking Information

    Driveway, Off Street, Parking Lot

  • School Information

    Elementary School: North Pocono
    Junior High School: North Pocono
    Senior High School: North Pocono
  • Location Information

    Direction: On US-22 E, take PA-33 N toward Stroudsburg. Continue on PA-33 N/US 209-N. Merge onto I-80 W toward Hazelton. Take exit 293 for I-380 N toward Scranton. Take exit 13 for PA-435/PA-507 toward Gouldsboro. Follow PA-435 N to property on left. WaterSource: Well
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
E128 Roughrider Run, Covington Twp, PA, 18424 $40,000 2 1 320 320 SqFt
E15 Roughrider Run, Covington Twp, PA, 18424 $65,000 2 1 300 300 SqFt
304 Drinker Turnpike, Covington Twp, PA, 18424 $549,900 6 7 6,610 6,610 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Greater Lehigh Valley REALTORS®

ByOwner last updated this listing 08/04/2026 @ 02:52

MLS: 774816 LISTED BY: Chris Troxell, Keller Williams Allentown SOURCE: Greater Lehigh Valley REALTORS

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