UPDATED:
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 6,610 sqft
Price per Sqft $83
MLS Listing ID PALW2000802
Style Dwelling with Rental,Unit/Flat,Other
Abv Grd Liv Area 6,610
Year Built 1987
Annual Tax Amount $8,848
Tax Year 2026
Lot Size 2.026 Acres
Acres 2.03
Property Sub-Type Detached
Source BRIGHT
Property Description
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.
Location
State PA
County Lackawanna
Area Covington Township (13610)
Zoning COMMERCIAL
Interior
Interior Features Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Kitchen - Eat-In, Primary Bath(s), Store/Office, Walk-in Closet(s)
Hot Water Propane
Heating Forced Air, Baseboard - Electric
Cooling Ceiling Fan(s), Central A/C, Window Unit(s)
Flooring Carpet, Ceramic Tile, Laminated
Fireplaces Number 1
Equipment Built-In Microwave, Dishwasher, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer
Fireplace Y
Appliance Built-In Microwave, Dishwasher, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer
Heat Source Propane - Leased
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Concrete Perimeter
Above Ground Finished SqFt 6610
Sewer Public Septic
Water Well
Architectural Style Dwelling with Rental, Unit/Flat, Other
Additional Building Above Grade
New Construction N
Schools
Elementary Schools North Pocono
Middle Schools North Pocono
High Schools North Pocono
School District North Pocono
Others
Tax ID 22701010004
Ownership Fee Simple
SqFt Source 6610
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS