304 Drinker Turnpike, Covington Township, PA 18424
$595,000
Property Type:
Residential Income
Square Footage:
6,042
Lot Size (sq. ft.):
84,071
Status:
Active
Current Price:
$595,000
List Date:
12/10/2025
Last Modified:
12/10/2025
Description
GREAT INVESTMENT OPPORTUNITY! Commercial and Multi-family/Multi-Use property available on Route 435 with almost 2 acres of subdividable land located in the desirable North Pocono School District. Great frontage (220ft) and easy access to Interstates 380, 84, and 81. Offering consists of 2 buildings: an approximately 6000 square foot, 2 story building with renovated apartments and commercial space (previously used as a Daycare). Commercial space is perfect for a wide variety of businesses or could be converted to additional apartment units. The second building is a single family cottage style 1 bedroom home with plenty of charm. All units currently have access to outdoor recreational space. Excellent curb appeal and opportunity for the right person(s).
More Information MLS# PM-136015
Contract Information
Rent Control YN: No
Listing Service: Full Service
Property Sub Type: Multi Family
List Price: $595,000
Current Price: $595,000
Status: Active
Listing Contract Date: 2025-09-19
Location, Tax, and Legal
Parcel Number: 22701010004
Municipality: Covington Township
County Tax Amount: 2856.87
Municipal Tax Amount: 261.94
School Tax Amount: 5666.23
Tax Other Annual Assessment Amount: 63.5
Tax Annual Amount: 8848.54
Tax Assessed Value: 31750
Tax Year: 2025
Tax Map Number: 22701010004
Tax Block: 140
Tax Book Number: 202300236
Deed Recording Date: 2022-12-13
Tax Legal Description: 200X470x150x171x35x300 W-01 B-014 L-013
Zoning Description: Multi-Family
General Property Information
Above Grade Finished Area: 6042
Below Grade Finished Area: 0
Living Area: 6042
Living Area Source: Measured
Building Area Source: Measured
Stories: 2
Number Of Buildings: 2
Year Built Source: Owner
Basement YN: Yes
Pool Private YN: No
Garage YN: No
Carport YN: No
Open Parking YN: Yes
Open Parking Spaces: 10
Lot Size Acres: 1.93
Water Body Access YN: No
Association YN: No
Sign On Property YN: No
List Price/SqFt: 98.48
Bathrooms Full: 7
Building Area Total: 6042
Year Built: 1987
Currently Not Used
Number Of Units Total: 5
Remarks and Miscellaneous
Public Remarks: GREAT INVESTMENT OPPORTUNITY! Commercial and Multi-family/Multi-Use property available on Route 435 with almost 2 acres of subdividable land located in the desirable North Pocono School District. Great frontage (220ft) and easy access to Interstates 380, 84, and 81. Offering consists of 2 buildings: an approximately 6000 square foot, 2 story building with renovated apartments and commercial space (previously used as a Daycare). Commercial space is perfect for a wide variety of businesses or could be converted to additional apartment units. The second building is a single family cottage style 1 bedroom home with plenty of charm. All units currently have access to outdoor recreational space. Excellent curb appeal and opportunity for the right person(s).
Income and Expenses
Gross Income: 18000
Special Listing Conditions
Standard: 1
Listing Terms
Cash: 1
Conventional: 1
Financial Data Source
Owner: 1
Possession
Close Of Escrow: 1
Common Walls
1 Common Wall: 1
Current Use
Mixed Use: 1
Architectural Style
See Remarks: 1
Entry Information
Entry Level: 2
Unit 1
Unit #: 1
Occupied YN: Yes
SqFt Total: 568
Rooms Total: 5
Beds Total: 1
Baths Total: 1
Kitchen YN: Yes
Dining Room YN: No
Living Room YN: Yes
Unit 2
Unit #: 1500
Occupied YN: Yes
SqFt Total: 1500
Rooms Total: 10
Beds Total: 3
Baths Total: 2
Kitchen YN: Yes
Dining Room YN: Yes
Living Room YN: Yes
Unit Remarks: Family Room
Unit 3
Unit #: 3
Occupied YN: Yes
Actual Rent: 750
SqFt Total: 750
Rooms Total: 5
Beds Total: 1
Baths Total: 1
Kitchen YN: Yes
Dining Room YN: Yes
Living Room YN: Yes
Unit 4
Unit #: 3
Occupied YN: Yes
Actual Rent: 750
SqFt Total: 750
Rooms Total: 5
Beds Total: 1
Baths Total: 1
Kitchen YN: Yes
Dining Room YN: Yes
Living Room YN: Yes
Unit 5
Unit #: Commercial
Occupied YN: No
SqFt Total: 3000
Rooms Total: 7
Baths Total: 2
Kitchen YN: Yes
Dining Room YN: Yes
Living Room YN: Yes
Unit Remarks: Commercial Space
Interior Features
High Ceilings: 1
Walk-In Closet(s): 1
Storage: 1
Laundry Features
In Unit: 1
Multiple Locations: 1
Electric Dryer Hookup: 1
Washer Hookup: 1
Laundry Closet: 1
Flooring
Carpet: 1
Combination: 1
Hardwood: 1
Tile: 1
Vinyl: 1
Accessibility Features
Accessible Approach with Ramp: 1
Construction Materials
Aluminum Siding: 1
Stucco: 1
Vinyl Siding: 1
Basement
Full: 1
Unfinished: 1
Roof
Shingle: 1
Electric
200+ Amp Service: 1
Cooling
Ceiling Fan(s): 1
Window Unit(s): 1
Heating
Baseboard: 1
Forced Air: 1
Hot Water: 1
Oil: 1
Water Heater
Multiple: 1
Appliances
Electric Cooktop: 1
Electric Oven: 1
Electric Range: 1
Refrigerator: 1
Dishwasher: 1
Washer: 1
Dryer: 1
Water Source
Well: 1
Sewer
Public Sewer: 1
Exterior Features
Playground: 1
Fire Pit: 1
Private Yard: 1
Fencing
Front Yard: 1
Partial: 1
Road Frontage Type
Road Frontage Length: 200
State Road: 1
Road Surface Type
Paved: 1
Road Responsibility
Private Maintained Road: 1
View
Forest: 1
Garden: 1
Trees/Woods: 1
Water Body View
No: 1
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: Other
Status Change Information
Price Change Timestamp: 2025-11-05T19:28:27Z
Property Features
Special Listing Conditions: Standard
Listing Terms: Cash; Conventional
Financial Data Source: Owner
Possession: Close Of Escrow
Common Walls: 1 Common Wall
Current Use: Mixed Use
Architectural Style: See Remarks
Interior Features: High Ceilings; Walk-In Closet(s); Storage
Laundry Features: In Unit; Multiple Locations; Electric Dryer Hookup; Washer Hookup; Laundry Closet
Flooring: Carpet; Combination; Hardwood; Tile; Vinyl
Accessibility Features: Accessible Approach with Ramp
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
Water Heater: Multiple
Appliances: Electric Cooktop; Electric Oven; Electric Range; Refrigerator; Dishwasher; Washer; Dryer
Water Source: Well
Sewer: Public Sewer
Exterior Features: Playground; Fire Pit; Private Yard
Fencing: Front Yard; Partial
Road Frontage Type: State Road
Road Surface Type: Paved
Road Responsibility: Private Maintained Road
View: Forest; Garden; Trees/Woods
Water Body View: No
Listing Office:
Pocono Properties Rentals & Sales
Last Updated: December - 10 - 2025
Information deemed reliable but not guaranteed.
