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Property view

803-805 State Rd, 
Croydon, PA 19021

$585,000


4

Beds


Bath


2,800

Sq Ft


Multi-Family

Sold

Listed by

Anthony F Dicicco

Bought with New Century Real Estate

Keller Williams Real Estate - Newtown, (215) 860-4200, klrw983@kw.com

MLS#

PABU2114752

Source:

BRIGHTMLS

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About This Home

803-805 State Rd

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.

Home Facts

Multi-Family

4 Bedrooms

Built in 1917

Price Summary

599,900

$214 per Sq. Ft.

MLS #:

PABU2114752

Sold:

May 1, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

4


Structure

Structure

Architectural Style:

A-Frame

Building Area:

2,800 Sq. Ft.

Year Built:

1917


Finances & Disclosures

Finances

Price:

$599,900

Price per Sq. Ft:

$214 per Sq. Ft.

Source:BRIGHTMLS
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