304 Drinker Turnpike, Covington, PA 18424
Local realty services provided by:ERA One Source Realty
304 Drinker Turnpike,Covington Twp, PA 18424
$549,900
- 6 Beds
- 7 Baths
- 6,610 sq. ft.
- Multi-family
- Active
Listed by: chris troxell
Office: keller williams allentown
MLS#:774855
Source:PA_LVAR
Price summary
- Price:$549,900
- Price per sq. ft.:$83.19
About this home
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....
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Home facts
- Year built:1987
- Subdivision & Development:Not in Development
- Listing ID #:774855
- Added:93 day(s) ago
- Updated:August 21, 2026 at 02:57 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:7
- Full bathrooms:6
- Half bathrooms:1
- Flooring:Carpet
- Living area:6,610 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Wall Window Units
- Heating:Baseboard, Forced Air, Oil, Propane
- Central air:Yes
Structure and exterior
- Year built:1987
- Building area:6,610 sq. ft.
- Lot area:2.03 Acres
- Construction Materials:Aluminum Siding, Stucco, Vinyl Siding
- Levels:2 Story
Utilities
- Water:Well
- Sewer:Public Sewer, Septic Tank
Finances and disclosures
- Price:$549,900
- Price per sq. ft.:$83.19
- Tax amount:$8,397
Features and amenities
- Laundry features:Washer Hookup
Parking
- Total parking spaces:10
- Parking description:Driveway, Off Street, Parking Lot
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