17 Jefferson St, Bala Cynwyd, PA 19004

Views, views, views!!! Overlook all of Manayunk from all four levels of this charming 19th century property perched high up on a bluff in Belmont Hills, a short walk to all the excitement of Manayunk, but in the Lower Merion School District and without Philadelphia wage taxes! Easy highway access for tenants working in Conshohocken or Valley Forge who want the nightlife of Manayunk without city wage taxes. Originally built in the mid-19th century as an ice house, this wide, deep property has evolved over the years. In its current configuration—with legal subdivision into two residential units—it has two bi-level rental units, a two car garage, a stone foundation storage room under the garage, and a large flat rear yard with million dollar views, overlooking $1mm+ houses. Enjoy open views of the Schuylkill river safely located high above the floodplain. As currently configured, there are two bi-level residential units, each with private exterior entrance and outdoor space. The upper unit has a large covered deck, entering to alarge 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 “crow’s nest” views out over Manayunk and the Schuylkill River. The lower unit is larger, with an entry hall/office, living room, kitchen, two bedrooms and the first of two full bathroom on the main level. The lower level of this unit opens to the garden in the rear, with a second living room enjoying a wall of windows, laundry, an enormous den behind the living space (no windows, although it has been used as a 3rd bedroom with door open to the living space), and a second full bathroom. 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 home-ownership. The two car garage is completely detached, and there is an outside staircase down from the sidewalk to the rear yard. The City of Philadelphia has completed a real estate tax reassessment, effective January 1, 2023. If you have any questions or concerns about the impact of this reassessment on future real estate taxes, please contact the City of Philadelphia. Compass RE is not involved in the City of Philadelphia’s tax reassessment and does not have any input or control in the results.