803-805 STATE RD, Croydon, PA 19021
Listed by Anthony DiCicco • Keller Williams Real Estate - Newtown
$599,900
Est. payment /mo
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2,800 SqFt
Under Contract

803-805 STATE RD Croydon, PA 19021

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Daksha Sorathia

Daksha Sorathia

+1(609) 440-1033

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Under Contract

Purchase Type For Sale

Square Footage 2,800 sqft

Price per Sqft $214

MLS Listing ID PABU2114752

Style A-Frame

Abv Grd Liv Area 2,800

Year Built 1917

Available Date 2026-02-28

Annual Tax Amount $4,579

Tax Year 2025

Property Sub-Type Detached

Source BRIGHT

Property Description

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.

Location

State PA

County Bucks

Area Bristol Twp (10105)

Zoning C

Rooms

Basement Full

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Window Unit(s)

Inclusions All appliances in as-is condition with no monetary value. If not owned by Current Tenant

Heat Source Electric

Exterior

Garage Spaces 4.0

Water Access N

Accessibility None

Total Parking Spaces 4

Garage N

Building

Foundation Block

Above Ground Finished SqFt 2800

Sewer Public Sewer

Water Public

Architectural Style A-Frame

Additional Building Above Grade

New Construction N

Schools

School District Bristol Township

Others

Tax ID 05-011-107

Ownership Fee Simple

SqFt Source 2800

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

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Daksha Sorathia

Daksha Sorathia

+1(609) 440-1033

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803-805 STATE RD