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About the Listing 55529 - 3160401
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.
Listing Highlights
Status
Active With Contingency
Days on Site
23
Property Type
Multi-Family
MLS ®
PABU2114752
Year Built
1917
Total Square Footage
2,800
Lot/Acreage
N/A
Interior Details
- Bedrooms: 4
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Baseboard - Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2800
- Below Ground Sq Ft: n/a
- Basement: Full
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 4
- Zoning: C
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $4,579
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
803 State Rd Croydon, PA 19021
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