805 State Rd Croydon, PA 19021
Estimated payment $3,585/month
Highlights
- A-Frame Home
- Window Unit Cooling System
- Electric Baseboard Heater
About This Home
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.
Listing Agent
(215) 860-4200 klrw983@kw.com Keller Williams Real Estate - Newtown Brokerage Phone: 2158604200 License #2567598 Listed on: 02/28/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,579
Year Built
- Built in 1917
Home Design
- Quadruplex
- A-Frame Home
- Block Foundation
- Frame Construction
Interior Spaces
- 2,800 Sq Ft Home
- Basement Fills Entire Space Under The House
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Parking Lot
Utilities
- Window Unit Cooling System
- Electric Baseboard Heater
- Electric Water Heater
Community Details
- 4 Units
Listing and Financial Details
- Tax Lot 107
- Assessor Parcel Number 05-011-107
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/28/2026 02/28/26 | For Sale | $599,900 | -- | $214 / Sq Ft |
Source: Bright MLS
MLS Number: PABU2114752
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Ask me questions while you tour the home.