304 Drinker Turnpike Covington Twp, PA 18424
5 Beds
7 Baths
6,610 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 6,610 sqft
Price per Sqft $83
Subdivision Not In Development
MLS Listing ID 774816
Style Other
Bedrooms 5
Full Baths 5
Half Baths 2
Construction Status Unknown
HOA Y/N No
Abv Grd Liv Area 6,610
Year Built 1987
Annual Tax Amount $8,848
Lot Size 2.026 Acres
Acres 2.026
Property Sub-Type Land
Property Description
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.
Location
State PA
County Lackawanna
Area 575 - Covington Township
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.
Rooms
Basement Full
Interior
Interior Features Attic, Dining Area, Eat-in Kitchen, Storage
Heating Baseboard, Forced Air, Propane
Cooling Central Air, Ceiling Fan(s), Wall/Window Unit(s)
Flooring Carpet, Ceramic Tile, Hardwood
Fireplaces Type Family Room
Fireplace Yes
Appliance Dishwasher, Microwave, Oil Water Heater, Refrigerator
Exterior
Exterior Feature Deck, Propane Tank - Leased
Parking Features Driveway, Off Street, Parking Lot
Water Access Desc Well
Roof Type Asphalt,Fiberglass
Porch Deck
Garage No
Building
Story 2
Foundation Slab
Sewer Public Sewer, Septic Tank
Water Well
Construction Status Unknown
Schools
Elementary Schools North Pocono
Middle Schools North Pocono
High Schools North Pocono
School District North Pocono
Others
Senior Community No
Tax ID 22701010004
Special Listing Condition None