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… Read More 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. Read Less
Courtesy of Anthony F DiCicco, Keller Williams Real Estate - Newtown 215-860-4200
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family Residential
Square Ft.
2,800
Year Built
1917
MLS Number
PABU2114752
Additional Details
Basement
Full
Building
Built in 1917, Living area: 2800, Construction Materials: Frame
Cooling
Window Unit(s)
Accessibility Features
None
Foundation
Block
Heating
Baseboard - Electric
Property
Other structures: Above Grade
Sewer
Public Sewer
Taxes
Annual Amount: $4,579, Lot: 107, Year: 2025, Zoning: C
Utilities
Water Source: Public
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