Pending
Sale Pending at 304 Drinker Turnpike, Covington Township, PA 18424 | MLS# PALW2000802 | Listing updated on 2026-09-10
Photo 1 of Sale Pending at 304 Drinker Turnpike, Covington Township, PA 18424 | MLS# PALW2000802 | Listing updated on 2026-09-10
Photo 2 of Sale Pending at 304 Drinker Turnpike, Covington Township, PA 18424 | MLS# PALW2000802 | Listing updated on 2026-09-10
Photo 3 of Sale Pending at 304 Drinker Turnpike, Covington Township, PA 18424 | MLS# PALW2000802 | Listing updated on 2026-09-10
Photo 4 of Sale Pending at 304 Drinker Turnpike, Covington Township, PA 18424 | MLS# PALW2000802 | Listing updated on 2026-09-10
85+
Beds Icon

Street View

$475,000

Monthly Est:$2,364

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon6,610sqft

304 Drinker Turnpike, Covington Township, PA 18424

$2,364/moEst:

Get Pre-Approved

  • Multi Family

  • Built in 1987

  • $-- HOA

  • 2.03 acres lot

  • $72/sq.ft

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 multip
le 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.

  • Houzeo last checked: 14 minutes ago
  • Listing updated: September 10, 2026 at 2:46 pm
  • Listing Provided by: Christopher Troxell (484) 350-8630 | Keller Williams Real Estate - Allentown (610) 435-1800
  • Source: Bright MLS-NJ | MLS#: PALW2000802 Bright MLS-NJ

Property Details

  • Status

    Pending

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Lackawanna Pa County

  • City

    Covington Township

  • Neighborhood

    --

  • Year Built

    1987

  • HOA Fees

    -

  • Finished Area

    6,610 sqft

  • Lot Size

    2.03 acres lot

  • Basement Area

    - sqft

  • MLS Name

    Bright MLS

  • MLS Number

    PALW2000802

  • MLS Status

    PENDING-BRIGHT

  • Days on Market

    141

Continue Your Journey in App

Find your dream home, receive real-time updates, and many more!

Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Appliances

    Built In Microwave, Dishwasher, Dryer, Microwave, Oven/range Electric, Refrigerator, Washer

  • Sewer

    Public Septic

  • Interior Features

    Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Kitchen Eat In, Primary Bath(s), Store/office, Walk In Closet(s)

  • Flooring

    Carpet, Ceramic Tile, Laminated

  • Cooling

    Ceiling Fan(s), Central A/c, Window Unit(s)

  • Heating

    Forced Air, Baseboard Electric

Construction

  • Year Built

    Year Built: 1987

  • Home type

    Multi Family

  • Foundation Details

    Concrete Perimeter

  • Construction Materials

    Aluminum Siding, Stucco, Vinyl Siding

  • Architectural Style

    Dwelling With Rental, Unit/flat, Other

Utilities & Energy

  • Water Source

    Well

Price History

DateEventPrice

09/10/2026

Source: mls_logoBright MLS-NJ #PALW2000802

Pending

$475,000

$72/sqft

09/01/2026

Source: mls_logoBright MLS-NJ #PALW2000802

Listed for Sale

$475,000 -13.62%

$72/sqft

07/01/2026

Source: mls_logoBright MLS-NJ #PALW2000802

Price Decreased

$549,900 -4.28%

$83/sqft

06/02/2026

Source: mls_logoBright MLS-NJ #PALW2000802

Price Decreased

$574,500 -2.46%

$87/sqft

04/23/2026

Source: mls_logoBright MLS-NJ #PALW2000802

Price Increased

$589,000 +7.11%

$89/sqft

Show more

Based on information from Bright MLS through Oct 11, 2026, 06:45AM. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2026 Bright MLS, Inc. All Rights Reserved. Click here for more information

Advertising Broker: Joe Hawkins | Hawkins Real Estate Services