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.
Listed By
Agency Name: Keller Williams Real Estate - Newtown
Agency Phone: 2158604200
Shown By
Agent Name: The Andy Esbenshade Team
Agent Phone: Cell: (717) 615-4874
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Estimated Payment
$ 1,891.67 per month $1,335.12 Principal & Interest $381.58 Property Tax $174.97 Homeowner's Insurance
803 805 State Road | MLS# PABU2114752
This multi-family property located at 803 805 State Road, Croydon, PA 19021 is currently listed for sale with an asking price of $599,900. 805 State Road is located within the BRISTOL TOWNSHIP school district. Search Croydon real estate on www.thelancastrian.com today.