414 S 3rd Ave Includes: Slump Block Construction Electric Metered Seperately Gas Metered Seperately Wall AC Sewer Connected City Water Proforma Figures Presented Forced Air Electric Heating Fire Protection Included Monthly P&I Estimate: Down Payment None 05% 10% 20% 30% 40% APR 5.5% $2,811 $2,670 $2,530 $2,248 $1,967 $1,686 6% $2,968 $2,819 $2,671 $2,374 $2,077 $1,781 6.5% $3,129 $2,972 $2,816 $2,503 $2,190 $1,877 7% $3,293 $3,129 $2,964 $2,635 $2,305 $1,976 7.5% $3,461 $3,288 $3,115 $2,769 $2,423 $2,077 8% $3,632 $3,451 $3,269 $2,906 $2,542 $2,179 Remarks: 15 studio apartments in Historic Armory Park. Tremendous downtown location- walking distance from Rio Nuevo, TCC (gem & mineral show), 4th Ave. shops/Street Fair and much more! Property needs some TLC but priced accordingly. Great upside potential. No qualify assumable loan, w/approx $280K remaining, 5.75% int. rate fixed for 12 more yrs. Property part of low income housing program w/ AZ Dept of Housing. Ask LA for details.Listing Agent 50% Owner Directions: Broadway/Euclid, West on Broadway. N on Toole which loops around. W on 12th Street, S on 3rd Ave to address.