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$225,000

  • Sold
  • Closed
  • Multi-Family
  • 6 Total Beds
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4-Unit Investment Property with Strong Income Potential- Priced to Sell!! Don't Wait to See it... Run, Don't Walk!! This fully 4-unit property is a prime opportunity for investors seeking immediate cash flow and long-term value. One unit is already rented, and the tenant is a great asset--reliable and helpful with property maintenance and minor repairs. Recent upgrades throughout the property include: * Four new water heaters *Split electric for all units, maximizing efficiency *Well Water and Public Sewer. Each unit electric is separately metered, giving tenants full responsibility for their own utility usage. Whether you're looking to live in one unit and rent out the rest, or simply add a low-maintenance building to your portfolio, this property is ready to perform. Seller only pays for Oil heat for property and Sewer. Water is Well!! A Little TLC and this property will be a CASH COW!! Grab it now- before it is too late. Seller prefers Cash, Hard money and/or Local Lender for Conventional financing.

Full Property Details for 853 Drinker Turnpike

General

  • Sold For: $225,000
  • Taxes: $3,193
  • Status: Closed
  • Type: Multi-Family
  • Source: 2103
  • MLS ID: PW252973
  • Added to Site: 161 day(s) ago

Interior

  • Appliances: Free-Standing Electric Range, Refrigerator
  • Laundry Facilities: Yes
  • Furnishings: Unfurnished
  • Flooring: Carpet, Hardwood, Linoleum

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 5

Bedrooms

  • Total Bedrooms: 6

Other Rooms

  • Laundry: None

Additional Information

  • Amenities: None
  • Pool: Yes
  • Pool Description: None

Exterior

  • Exterior Features: Rain Gutters
  • Porch/Patio/Deck: Front Porch

Parking

  • Total Spaces: 6
  • Parking Features: Driveway, Gravel

Location

  • County: Lackawanna
  • Subdivision: Pocono Farms
  • Driving Directions: Take PA-307 S to PA-435 S in Covington Township. Continue straight to stay on Front St. Turn right onto PA-307 S/Moosic St. Keep left to stay on PA-307 S. Turn left onto PA-502 E. Turn right onto PA-435 S. Destination is on your right.

School Information

  • High School District: North Pocono School District

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Oil

Utilities

  • Electric Available: Yes
  • Sewer: Public Sewer
  • Water: Private, Well
  • Utility Description: Electricity Connected, Sewer Connected, Water Connected

Structural Information

  • Architectural Style: See Remarks
  • Detached/Attached: Detached
  • Basement: Yes
  • Basement Desc.: Concrete, Sump Pump, Walk-Out Access, Unfinished
  • Stories/Levels: 2
  • Square Feet: 3,512
  • Living Area: 3,512 Sq. Ft.
  • Current Bldg. Use: Multi-Family
  • Year Built: 1880

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.2
  • Lot Dimensions: 60 x 150 x 54 x 152
  • Road Maintenance: Public Maintained Road
  • Fence: Yes
  • Lot Features: Back Yard
  • Zoning: Residential
  • Fencing (Description): None

Financial Considerations

  • Tax Amount: $3,193.13
  • Tenant Pays: Electricity

Disclosures and Reports

  • Property ID: 21202020028

Listed by EXP Realty
Sold by Non-Member Office

Listing agent

— 853 Drinker Turnpike —

  • EXP Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 853 Drinker Turnpike

School District:North Pocono School District
NameGradesDistance
North Pocono High School
97 Bochicchio Blvd, Covington Twp, PA 18444
9-122.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 853 Drinker Turnpike

Date
Details
Price
Change
Source
11/28/2025
Sold
$225,000
-22.15%
MLS
8/08/2025
Listed
$289,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by EXP Realty
Sold by Non-Member Office

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853 Drinker Turnpike, Covington Township, PA 18424 (MLS# PW252973) is a Multi-Family property that was sold at $225,000 on November 28, 2025. Want to learn more about 853 Drinker Turnpike? Do you have questions about finding other Multi-Family real estate for sale in Covington Township? You can browse all Covington Township real estate or contact a Coldwell Banker agent to request more information.