[Single Family] 321 2nd St — Armstrong/Freeport, 16229 For Sale

  • $52,500
  • 3 beds
  • 1 baths
  • 941 (UL); 525 (LL) sqft

a turn-key with “A+”: school district, views, & outdoor chill-space, with a minimum ARV of 2x price

DIRECTLY in the intersection the 4-County Corners

Of the four, you get lucky with this Freeport property technically residing in Armstrong County to get that school district: Freeport Area SD

  • Property actively being worked on, likely until closing.
  • End/corner lot w/parking in the driveway.
  • Pretty impressive large covered rear deck with cooling fan overlooks backyard & great views (also has a covered front porch).
  • Newer H2O tank+furnace (5-6 y/o).
  • Was rented for $600 as-is; market ≈$975/month.
  • Outside has storage + basement access.
  • All outdoor wood Wolmanized®.

-Comps at or over $100k
-Cap toward 12%

1st floor needs:

  • new carpeting/flooring
  • bathroom redone (**completely gutted down to wall!!)

2nd floor = big loft with 2 BRs

**the dumpster holding carpet from the first floor will be hauled away prior to closing

Property is right at Buffalo Creek where it joins the Allegheny River 👍

Right next to Market Street Park, the Freeport Public Boat Ramp, the Butler-Freeport Community Trail, & PA-356:


“Riverside” & walkable to about everything:

Fair comp (≈400 feet away, also corner lot):
227 2nd St, Freeport, PA 16229 | Zillow

Near Sarver, Natrona/Tarentum, Leechburg, NewKen/Arnold, Lower Burrell:

  • Taxes: $746
  • Electric: Updated
  • Plumbing: Updated
  • Kitchen: Needs updating
  • Bath: Freshly gutted; needs replacing
  • Roof: 20 yrs old
  • Furnace: 5 yrs old
  • Hot Water Tank: 6 yrs old
  • Windows: Double-paned; older
  • Floors: 1.5
  • Parking: Off-street (driveway!)
  • Rental Potential: $975/mo
321 2nd St
Armstrong/Freeport, PA 16229
Square Feet:
941 (UL); 525 (LL)
Lot Size:
For Sale
Property Type:
Year Built:
Full; 525 sq.Ft.
Const. Type:

Additional Features

Not the fanciest house or neighborhood, *but* very livable, likeable, & a very easy rental or resale. || Some previous photos are better than mine; see Zillow for them (esp. those of the deck).

Call (800) 788-9882 for more details

Property Location