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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Listing Snapshot
Price
$599,900
Days On Site
7 Days
Bedrooms
4
Inside Area (SqFt)
2,800 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1917
MLS® Number
PABU2114752
Status
Active
Property Tax
$4,579
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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Recent Activity
4 days ago
Listing updated with changes from the MLS®
6 days ago
Status changed to Active
a week ago
Listing first seen on site
General Features
Foundation
Block
Parking
Parking Lot
Parking Spaces
4
Property Sub Type
Quadruplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
2800
SqFt Total
2800
Style
A-Frame
Water Source
Public
Zoning
C
Interior Features
Appliances
Electric Water Heater
Basement
Full
Cooling
Window Unit(s)Electric
Heating
ElectricBaseboard
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Exterior Features
Construction Details
Frame
Pool Features
None
Community Features
MLS Area
Bristol Twp (10105)
School District
BRISTOL TOWNSHIP
Schools
School District
BRISTOL TOWNSHIP
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Keller Williams Real Estate - Newtown
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