304 Drinker Turnpike, Covington Township, PA 18424
$549,900
Property Type:
Commercial Sale
Square Footage:
6,568
Lot Size (sq. ft.):
84,071
Status:
Active
Current Price:
$549,900
List Date:
4/14/2026
Last Modified:
7/01/2026
Overview
Description
...
(Read more)
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.
Listing Details MLS# PM-140321
General Property Information
- Above Grade Finished Area
- 6568
- Building Area Total
- 6568
- Building Area Source
- Estimated
- Stories
- 2
- Number Of Buildings
- 2
- Year Built
- 1987
- Garage YN
- No
- Carport YN
- No
- Open Parking YN
- Yes
- Open Parking Spaces
- 10
- Parking Total
- 10
- Lot Size Acres
- 1.93
- Water Body Access YN
- No
- Sign On Property YN
- Yes
- List Price/SqFt
- 83.72
Property Features
Special Listing Conditions:
Standard
Listing Terms:
Cash; Conventional
Existing Lease Type:
Oral
Tenant Pays:
Electricity
Income Includes:
Rent Only
Financial Data Source:
Owner
Possession:
Negotiable
Structure Type:
Retail; Office; Mixed Use; Other
Current Use:
Residential; Vacant; Mixed Use
Possible Use:
Commercial; Residential; Vacant; Mixed Use
Business Type:
Child Care; Rental; Residential; Mixed
Flooring:
Carpet; Hardwood; Tile; Vinyl
Construction Materials:
Aluminum Siding; Stucco; Vinyl Siding
Basement:
Full; Unfinished
Roof:
Shingle
Electric:
200+ Amp Service
Cooling:
Ceiling Fan(s); Window Unit(s)
Heating:
Baseboard; Forced Air; Hot Water; Oil; Propane
Water Source:
Well
Sewer:
Public Sewer; Septic Tank
Exterior Features:
Playground; Fire Pit; Private Yard
Fencing:
Front Yard; Partial
Parking Features:
Parking Lot; Off Street
Lot Features:
Few Trees
Road Frontage Type:
State Road
Road Surface Type:
Paved
Contract Information
- Property Sub Type
- Mixed Use
- Listing Contract Date
- 2026-04-13
- Listing Service
- Full Service
Location Tax and Legal
- County
- Lackawanna
- Street Number
- 304
- Street Name
- Drinker
- Street Suffix
- Turnpike
- City (Post Office)
- Covington Township
- State
- PA
- Postal Code
- 18424
- Subdivision Name
- None
Remarks and Miscellaneous
- Public Remarks
- 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.
Status Change Information
- Price Change Timestamp
- 2026-07-01T19:46:30Z
More Information
Unit Details
- Number Of Units Leased
- 2
Income and Expenses
- Gross Income
- 18000
Road Frontage Type
- Road Frontage Length
- 200
- State Road
- Yes
Location, Tax, and Legal
- Parcel Number
- 22701010004
- Municipality
- Covington Township
- High School District
- North Pocono
- County Tax Amount
- 2856.87
- Municipal Tax Amount
- 261.94
- School Tax Amount
- 5666.23
- Tax Annual Amount
- 8848.54
- Tax Assessed Value
- 31750
- Tax Year
- 2026
- Tax Map Number
- 22701010004
- Tax Lot
- 130
- Tax Block
- 140
- Deed Recording Date
- 2022-12-13
- Tax Legal Description
- 200X470x150x171x35x300 W-01 B-014 L-013
- Zoning Description
- Commercial
Currently Not Used
- Number Of Units Total
- 5
Business Type
- Child Care
- Yes
- Rental
- Yes
- Residential
- Yes
- Mixed
- Yes
Special Listing Conditions
- Standard
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Existing Lease Type
- Oral
- Yes
Tenant Pays
- Electricity
- Yes
Income Includes
- Rent Only
- Yes
Financial Data Source
- Owner
- Yes
Oil, Gas and Mineral Rights
- Property Subject To Lease
- No
Possession
- Negotiable
- Yes
Structure Type
- Retail
- Yes
- Office
- Yes
- Mixed Use
- Yes
- Other
- Yes
Current Use
- Residential
- Yes
- Vacant
- Yes
- Mixed Use
- Yes
Possible Use
- Residential
- Yes
- Commercial
- Yes
- Vacant
- Yes
- Mixed Use
- Yes
Flooring
- Carpet
- Yes
- Hardwood
- Yes
- Tile
- Yes
- Vinyl
- Yes
Construction Materials
- Aluminum Siding
- Yes
- Stucco
- Yes
- Vinyl Siding
- Yes
Basement
- Full
- Yes
- Unfinished
- Yes
Roof
- Shingle
- Yes
Electric
- 200+ Amp Service
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Window Unit(s)
- Yes
Heating
- Baseboard
- Yes
- Forced Air
- Yes
- Hot Water
- Yes
- Oil
- Yes
- Propane
- Yes
Water Heater
- Electric
- Yes
Water Source
- Well
- Yes
Sewer
- Public Sewer
- Yes
- Septic Tank
- Yes
Exterior Features
- Playground
- Yes
- Fire Pit
- Yes
- Private Yard
- Yes
Fencing
- Front Yard
- Yes
- Partial
- Yes
Parking Features
- Parking Lot
- Yes
- Off Street
- Yes
Lot Features
- Few Trees
- Yes
Road Surface Type
- Paved
- Yes
Listing Office:
Keller Williams Real Estate - Allentown
Last Updated: July - 01 - 2026
Information deemed reliable but not guaranteed.