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.
Multi-familyProperty Type
1917Year Built
$209Price/Sq.Ft.
4 spacesParking
Listed by Anthony DiCicco• Keller Williams Real Estate - Newtown
•215-860-4200 (broker)
•klrw983@kw.com (broker)
Bought with Alan Asriants• New Century Real Estate
The purpose of this district is to provide for the creation and continuation of retail, service and office development in appropriate areas throughout the Township.
Permitted uses
Include but are not limited to:
Day care facility
General retail
Restaurant
Tavern / bar / nightclub / micro-Brewery
Hospital / medical center
Housing-Group
Hotel / motel
Office
Medical office
Educational/school
Death related/funeral home
Veterinary clinic
Property details
Parking
Parking Information
# of Total Garage and Parking Spaces: 4
Parking Lot - # of Spaces: 4
Parking Lot
Interior
Interior Information
Living Area Sq.Ft. Source: Estimated
Room Information
# of Rooms: 12
Basement Information
Basement: Yes
Full
Multi Unit Information
# of One Bedroom Units: 4
# of Units Leased: 4
# of Month To Month Units: 4
Other Units: Unit 1,Unit 1
Exterior
Property Information
Improvement Assessed Value: $14,520
Ownership Interest: Fee Simple
Year Built Source: Estimated
Building Information
# of Units (Total): 4
Construction Materials: Frame
Foundation Details: Block
Other Structures: Above Grade
Structure Type: Detached
Lot Information
Tidal Water: No
Land Information
Land Assessed Value: $2,280
Above Grade Information
Finished Sq.Ft.: 2,800
Finished Sq.Ft. Source: Estimated
Financial
Tax Information
County Tax: $461
School Tax: $3,698
Tax Assessed Value: $16,800
Tax Year: 2025
Tax Annual Amount: $4,579
Lease Information
Existing Lease Type: Month to Month
Rental Information
Rent Control: No
Total Actual Rent: $48,600
Utilities
Utilities Information
Cooling Type: Window Unit(s)
Cooling Fuel: Electric
Baseboard - Electric
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location
School Information
School District Name: BRISTOL TOWNSHIP
Location Information
Directions: Please use GPS.
Municipality: BRISTOL TWP
Public facts
Beds: —
Baths: 5.0
Sq. Ft.: 2,800
Stories: 2.0
Lot Size: 5,125 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1917
Year Renovated: —
County: Bucks County
APN: 05-011-107
Home facts updated by county records on Jun 25, 2026
Around this home
Schools
Keystone Elementary School
Public K-5 • Assigned • 0.5mi
6/10
Benjamin Franklin Middle School
Public 6-8 • Assigned • 4.3mi
4/10
Truman Senior High School
Public PreK-12 • Assigned • 4.0mi
3/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 104° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
5/10 Air Factor
6 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
Croydon, PA • 19021
Average low and high temperatures (°F)
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24
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26
58
38
66
46
73
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83
65
77
61
69
49
57
40
42
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
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Sun exposure
70/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.