17 Jefferson St, Bala Cynwyd, PA 19004

Tucked away in Bala Cynwyd's sought-after Belmont Hills neighborhood, you'll find 17 Jefferson St. in a prime location for investors or owner occupants looking for a very large move in ready Multifamily home. This updated DUPLEX (nearly 2,800 sf) offers two very spacious renovated units with significant rental upside. The property is in the award-winning Lower Merion School District, and in a fantastic location across the river from Main St Manayunk. Overlook Manayunk from all four levels of this charming 19th century property perched high up on a bluff in Belmont Hills, a short walk to Manayunk, but without Philadelphia wage taxes! INVESTOR ALERT! The two units are well maintained, and provide steady, solid rental income for an investor, or an owner occupant may want to occupy one unit and rent out the other for low net cost Lower Merion homeownership. Don’t miss the chance to experience charm and versatility in one of the only DUPLEX properties in Lower Merion schools. As currently configured, there are two bi-level residential units, each with private exterior entrance and outdoor space. Both units are currently vacant (total rents in 2024/2025 were $4,150/month). Stepping inside, Unit #1 (lower level) is the larger of the two units featuring three bedrooms and two full bathrooms. This unit was most recently rented for $2,300/month. This unit was recently renovated with brand new LVP flooring throughout, brand new stainless appliances in the kitchen (including a new Refrigerator, Stove (gas) with range hood, microwave and new stackable washer / dryer in the lower-level laundry room. This unit features a primary bedroom suite on the lower level (above grade) with a huge bedroom (19x13) and renovated full bathroom. A living room with a wall of windows provides an abundance of natural light. As you travel upstairs to the upper level of this unit you will find two additional bedrooms (brand new ceiling fans) a dining room and the renovated kitchen. Both full bathrooms were upgraded with a new vanity and new lighting. Unit #2 features two bedrooms and one full bath and was most recently rented for $1,850/month. The unit features laminate flooring throughout. The upper unit has a large, covered deck, entering to a large living room, dining room, kitchen with washer/dryer, full bath and closet space. This unit’s upper level has two good sized bedrooms, one with views out over Manayunk and the Schuylkill River. SCENIC OUTDOOR VIEWS! There is an outside staircase down from the sidewalk to the rear yard. The flat level rear yard provides a scenic outdoor space (overlooking $1 million dollar homes) - perfect for pet owners and those that enjoy entertaining outdoors. A level grassy area is sure to be a popular spot for hanging out with friends and family. Parking is never an issue as there is street parking out front in addition to the detached 2 car GARAGE which provides versatile space, perfect for parking and storage with a stone foundation storage room under the garage. UTILITY INFO: Newer Water Heaters (replaced in 2020 and 2023) and both HEATERS replaced in 2023. LOCATION! LOCATION! LOCATION! 17 Jefferson St's prime location is just off Belmont Ave and I-76. Popular shopping centers are a short drive away, and neighboring Manayunk has tons of restaurants, shops, and entertainment to explore. Located within the highly sought-after Lower Merion School District and with easy access to Center City, this home is designed to cater to those looking for a retreat that balances proximity to the city with a touch of suburban charm. Schedule your tour today! Whether you’re a young professional or a growing family, this property is spacious enough to appeal to a wide range of tenants. Central location for those working in Conshohocken or Valley Forge who want the nightlife of Manayunk without paying city wage taxes.