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304 Drinker Tpke, Covington Township, PA, 18424

5beds
7baths
6,610sqft
$549,900
$83price/sqft
$4,389/moest. monthly cost
$175,560/yrincome needed

About This Home

Mixed-use investment opportunity in the Poconos! Located along Route 435 just minutes from Gouldsboro State Park and Kalahari Waterpark, this property offers excellent visibility and convenient access to Interstates 380, 84, and 81. The main 6,000+ sq ft building features renovated apartments along with commercial space (previously a daycare), providing flexibility for a variety of uses and strong value-add potential. A separate 1-bedroom cottage offers additional income potential or the perfect setup for an owner-occupant—live in one unit while renting the others. Positioned near some of the Poconos’ top attractions, this property is ideal for investors seeking multiple income streams, long-term rental potential, or short-term rental opportunities, subject to township regulations and approval. A versatile property with strong upside in a high-demand recreational area.

Getting Around

9
WalkingCar-Dependent
0
TransitVery Limited Transit
15
BikeSomewhat Bikeable

Schools

5/10
6/10
6/10
North Pocono High SchoolGrades 9-124.7 mi

Construction

Condition

  • Property condition: Unknown
  • Year built: 1987

Materials

  • Foundation: Slab
  • Roof: Asphalt,Fiberglass
  • Construction materials: Aluminum Siding,Stucco,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Oil Water Heater,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Full

Bedroom

  • Level: Second
  • Dimensions: 9.70 x 12.50

Bedroom

  • Level: Second
  • Dimensions: 14.10 x 11.10

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 7
  • Full bathrooms: 5
  • 1/2 bathrooms: 2

Breakfast Room Nook

  • Level: Second
  • Dimensions: 12.80 x 10.20

Den

  • Level: Second
  • Dimensions: 8.70 x 11.10

Dining Room

  • Level: Second
  • Dimensions: 12.60 x 11.40

Family Room

  • Level: Second
  • Dimensions: 16.10 x 15.40

Features

  • Attic,Dining Area,Eat-in Kitchen,Storage
  • Flooring: Carpet,Ceramic Tile,Hardwood
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 6,610

Heating & Cooling

  • Heating features: Baseboard,Forced Air,Propane
  • Cooling features: Central Air,Ceiling Fan(s),Wall/Window Unit(s)

Interior Area

  • Total interior livable area: 6,610 sqft

Kitchen

  • Level: Second
  • Dimensions: 10.00 x 10.10

Kitchen

  • Level: Second
  • Dimensions: 12.60 x 11.40

Laundry

  • Level: Second
  • Dimensions: 5.20 x 5.10

Living Room

  • Level: Second
  • Dimensions: 16.70 x 10.80

Living Room

  • Level: Second
  • Dimensions: 15.90 x 11.10

Master Bathroom

  • Level: Second
  • Dimensions: 6.00 x 5.11

Master Bedroom

  • Level: Second
  • Dimensions: 14.10 x 14.10

Other

  • Level: Second
  • Dimensions: 9.70 x 5.00

Other

  • Level: Second
  • Dimensions: 5.11 x 11.40

Other

  • Level: Second
  • Dimensions: 5.20 x 5.11

Other

  • Level: Second
  • Dimensions: 6.00 x 5.10

Property

Details

  • Parcel number: 22701010004
  • On leased land: Yes
  • Zoning: Commercial
  • Special condition: None

Features

  • Stories: 2
  • Patio & porch: Deck
  • Exterior features: Deck,Propane Tank - Leased

Lot

  • Lot size: 2.03 Acres

Parking

  • Parking features: Driveway,Off Street,Parking Lot
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Lightning
Winter Weather
Hurricane
Heat Wave
Ice Storm
Strong Wind
Tornado

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,780$33,360
Home Insurance *$243$2,916
Property Taxes $641$7,692
Electricity $725$8,702
Total$4,389$52,668
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$150,480/yr
40% on housing$131,670/yr
45% on housing$117,040/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.7%
11.7%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: 0.4%
0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$83This listing

vs Other Active Listings

Avg $/sqft

ZIP 18424$129
Lackawanna County$127

vs Homes Sold Last Month

Median $/sqft

ZIP 18424$170
Lackawanna County$124

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-20Listed for sale$589,000
2026-01-17Listing removed$595,000
2025-11-05Price change$595,000
2025-09-25Listed for sale$625,000
2012-05-08Listing removed$293,000
2011-11-03Price change$293,000
2011-05-13Listed for sale$325,000

For Sale by Agent

AgentChris Troxell
BrokerageKeller Williams Allentown

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