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    304 Drinker Tpke Covington Township, PA 18424

    For Sale
    $595,000

    MULTI_FAMILY - Covington Township, PA

    Property size:
    6,042 SF
    Lot size:
    1.93 Acres
    Days on Market:
    32
    Last Refresh:
    Dec 6 at 9:06 am

    Property Features for 304 Drinker Tpke

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bathroom 7, Bathroom 2, Bathroom 5, Basement, Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 6
    Bathrooms
    7
    APN
    22701010004
    Interior features
    High Ceilings, Walk-In Closet(s), Storage
    Exterior features
    Playground, Fire Pit, Private Yard
    Basement
    Full, Unfinished
    Accessibility
    Accessible Approach with Ramp
    Appliances
    Electric Cooktop, Electric Oven, Electric Range, Refrigerator, Dishwasher, Washer, Dryer
    Size
    6,042 SF
    Lot size
    1.93 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Oil, Hot Water(Heating), Forced Air, Baseboard
    Cooling system
    Ceiling Fan(s), Window Unit(s)
    Water source
    Well

    Building Details

    Year built
    1987
    Floors in Building
    2
    Number of units
    5
    Flooring type
    Vinyl, Tile, Combination, Carpet, Hardwood
    Building materials
    Aluminum Siding, Stucco, Vinyl Siding
    Roof type
    Shingle
    Additional Structures
    Storage

    Pocono Properties Rentals & Sales (570) 606-4111

    Listing agent Trixie Ciranni

    Listing date Nov 5, 2025

    MLS# PM-136015 Listing URL

    Copyright © 2025 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Investment Opportunity

    This mixed-use property presents an investment opportunity in Covington Township, PA. Situated on Route 435, the property includes almost 2 acres of subdividable land within the North Pocono School District. The site benefits from 220 feet of frontage and convenient access to Interstates 380, 84, and 81. The offering comprises two buildings: a two-story building of approximately 6000 square feet, featuring renovated apartments and commercial space. The commercial space, previously used as a daycare, is suitable for various businesses or conversion into additional apartment units. The second building is a cottage-style one-bedroom home. All units have access to outdoor recreational space. The property offers curb appeal and potential for various uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Dental Office Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Auto Parts Store Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Covington Township
    County
    Lackawanna
    State
    Pennsylvania
    Longitude
    -75.505646
    Latitude
    41.271733

    Nearby Similar for Sale

    • $795,000
      Pending

      Retail Building Near Shoprite Plaza

      6,000 SF retail building across from Shoprite Shopping Plaza.
      922 Drinker Tpke, Covington Township, PA 18444
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Multi-family and commercial property with subdividable land in Covington Township.
    Where is this mixed-use property located?
    The property is located at 304 Drinker Tpke Covington Township, PA.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: - High-traffic location on Route 435 with 220ft frontage and easy access to Interstates 380, 84, and 81.; - Multi-family/Multi-Use property with commercial space and renovated apartments in a 6000 sq ft building.; - Almost 2 acres of subdividable land in the desirable North Pocono School District.
    (570) 606-4111
    Request Owner's contact information
    304 Drinker Tpke Covington Township, PA 18424
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    Covington Township, PA 18424
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    304 Drinker Tpke Covington Township, PA 18424
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