803-805 State Rd, Croydon, PA 19021
Local realty services provided by:CENTURY 21 Ryon Real Estate
803-805 State Rd,Croydon, PA 19021
$599,900
- 4 Beds
- - Baths
- 2,800 sq. ft.
- Multi-family
- Active
Upcoming open houses
- Wed, Mar 0404:00 pm - 06:00 pm
Listed by: anthony f dicicco
Office: keller williams real estate - newtown
MLS#:PABU2114752
Source:BRIGHTMLS
Price summary
- Price:$599,900
- Price per sq. ft.:$214.25
About this home
Showings This Wednesday 3/4 from 4pm-6pm - offers are in !!!!! Rare opportunity to acquire a fully occupied, income-producing quadplex in the heart of Croydon. 803–805 State Road consists of 4 well-maintained 1-bedroom, 1-bathroom units, each currently leased on a flexible month-to-month basis, offering immediate cash flow with the option for future rent optimization.
This turnkey investment generates $48,600 in annual rental income with tenants paying all utilities, significantly minimizing owner expenses and maximizing net returns. With a strong 6% cap rate and long-term tenants in place who would love to stay, this property offers both stability and upside potential for the savvy investor.
The building offers on-site parking and is ideally positioned near major transportation routes, providing convenient access to Interstate 95, Route 13, the Pennsylvania Turnpike, and regional rail service—making it highly desirable for commuters. Located within desirable Bucks County, the property benefits from consistent rental demand, strong market fundamentals, and proximity to shopping, dining, and so much more.
Whether you're looking to expand your portfolio or secure a reliable, low-maintenance income property, this quadplex presents an exceptional opportunity with immediate returns and long-term growth potential.
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Home facts
- Year built:1917
- Listing ID #:PABU2114752
- Added:3 day(s) ago
- Updated:March 02, 2026 at 02:39 PM
Rooms and interior
- Bedrooms:4
- Rooms Total:12
- Basement:Yes
- Basement Description:Full
- Living area:2,800 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Baseboard - Electric, Electric
Structure and exterior
- Year built:1917
- Building area:2,800 sq. ft.
- Architectural Style:A-Frame
- Construction Materials:Frame
- Foundation Description:Block
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$599,900
- Price per sq. ft.:$214.25
- Tax amount:$4,579 (2025)
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