304 Drinker Tpke, Covington Township, PA

Name: 304 Drinker Tpke, For Sale in Covington Township - Zoocasa
Brand: Keller Williams Real Estate - Allentown
SKU: PM-140321
Price: 549900 USD

House

For Sale

Listed price in listed location currency (USD).

$549,900

0010

MLS® PM-140321

Overview

Key Facts

Type Mixed Use

Levels Commercial Sale

Size 6568 sqft

Garage

Taxes $8,397

Days Active 125

Lot Size 1.93 Acres

Approx. Age 1987

Avg. Price Per Sqft $83

MLS® Number PM-140321

Property Address: 304 Drinker Tpke, Covington Township, PA, 18424-7850

Average square foot calculated using Size range provided by listing agent.

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 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.

MLS® NumberPM-140321

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1987

BasementFull, Unfinished

Driveway

Garage Spaces

HeatBaseboard, Forced Air, Hot Water, Oil, Propane

A/CCeiling Fan(s), Window Unit(s)

Extras

Map

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