853 Drinker Turnpike, Covington Twp, PA 18424
- $225,000
- 6
- BD
- 5
- BA
- 3,512
- SqFt
- Sold Price
- $225,000
- List Price
- $289,000
- Status
- CLOSED
- Days on Market
- 112
- Closing Date
- Nov 28, 2025
- MLS#
- PW252973
- Subtype
- Residential Income
- Style
- See Remarks
- Year Built
- 1880
- Bedrooms
- 6
- Bathrooms
- 5
- Full Baths
- 5
- Living Area
- 3,512
- Acres
- 0.20
- Subdivision
- Pocono Farms
Property Description
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.
Additional Information
- Taxes
- $3,193
- Property Description
- See Remarks
- Zoning
- Residential
- Flooring
- Carpet, Hardwood, Linoleum
- Appliances
- Free-Standing Electric Range, Refrigerator
- Heating
- Oil
- Air Conditioning
- None
- Stories
- 2
- Levels
- Two
- Roof
- Asphalt, Shingle
- Parking Features
- Driveway, Gravel
- School District
- North Pocono School District
Mortgage Calculator
Courtesy of EXP Realty
Selling Office: NON-MEMBER OFFICE.Listings courtesy of Pike Wayne Association of Realtors as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.