2.03 Acres of Land for Sale in Covington Twp, PA
$549,900|Listed: Apr 13, 2026
MLS#483494997
304 Drinker Turnpike, Lackawanna County, Pennsylvania
Status:Active
Property Type
- Recreational Land
Acreage
2.03 acres
County
Lackawanna
Format
Sale
Listing Courtesy of: Christopher Troxell, Keller Williams Allentown
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.
Edward McClory
Coldwell Banker NRT Pennsylvania LLC
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