LKV Realty
Logo
$549,900
$2,900Reward *
304 Drinker Turnpike, Covington Twp, PA 18424Listing ID 774855

304 Drinker Turnpike, Covington Twp, PA 18424

Active
Not in Development
Time on site: 120 daysLast updated: Jul 1, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Mixed Use
Bedrooms
Bedrooms
6
Bathrooms
Bathrooms
7
Square Feet
Square Feet
6,610
Acres
Acres
2.03
Days on Site
Days on Site
120
Cooling
Cooling
Central Air, Ceiling Fan(s), Wall/Window Unit(s)
Heating
Heating
Baseboard, Forced Air, Propane, Oil
Year Built
Year Built
1987
Stories
Stories
2
Parking
Parking
Driveway, Off Street, Parking 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 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.

Property Information

Property Details

Location

Address
304 Drinker Turnpike
County
Lackawanna
City
Covington Twp
Zip Code
18424
Subdivision
Not in Development
School District
North Pocono
MLS Area
575 - Covington Township

Interior Features

Beds and Baths

Bedrooms
6
Full Bathrooms
6
Half Bathrooms
1

Building

Building Information

Square Feet
6,610
Year Built
1987
Stories
2
Construction
Aluminum Siding, Stucco, Vinyl Siding
Condition
Unknown

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$8,849
Keller Williams Allentown, (610) 435-1800

Market Report for 18424

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Greater Lehigh Valley REALTORS®
Greater Lehigh Valley REALTORS® logo

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but is not guaranteed accurate by the MLS.

For corrections to this data please contact Brytecore MLS Support.

ctroxell