For Sale Multi-Family MLS# 6865139

1942 W BERRIDGE Lane

Phoenix, AZ 85015

$2,200,000

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Listing Office

Officearizona-regional-mls-rsd logoABI Multifamily
AgentAndrew Arambula
Phone602-714-1400

About 1942 W BERRIDGE Lane

Fully renovated, turn-key 12-unit multifamily asset located in the heart of vibrant Central Phoenix. This rare investment opportunity offers immediate cash flow and long-term upside in one of the city's most dynamic and accessible submarkets.

Lamego Palms features spacious, thoughtfully updated two-bedroom, one-bathroom residences averaging approximately 900 square feet. Each unit offers modern finishes, upgraded kitchens and bathrooms, and an in-unit washer and dryer--premium amenities that enhance the resident experience and support strong tenant retention.

The property also includes a detached bonus flex space equipped with plumbing and electrical, offering additional functionality and potential for an office, storage, or other ancillary use.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1963
Original price
$2,550,000
MLS #
6865139

Interior

Features
Central Air, Electric, Ceramic Tile, Vinyl, Concrete
Flooring
Ceramic Tile, Vinyl, Concrete
Heating
Electric
Cooling
Central Air

Exterior & lot

Features
Sidewalk(s), >1 Space Per Unit, Parking spaces: 28
Construction
Painted, Block, Brick, Built-Up
Roof
Built-Up
Lot
R-4, 15613084A
Parking
>1 Space Per Unit

Schools

District
Glendale Union High School District

Utilities

Utilities
Public Sewer, City Franchise
Water
City Franchise
Sewer
Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$5,349
Tax year
2024
Parcel
15613084A

Location

Subdivision
PARK MARYLAND AMD
County
Maricopa
Neighborhood
Washington Park
Community
Maricopa, Asphalt, Arizona Regional Multiple Listing Service 2, Glendale Union High School District

Location

Neighborhood
Washington Park
Subdivision
PARK MARYLAND AMD
School district
Glendale Union High School District

Interested in this home?

Questions on 1942 W BERRIDGE Lane, Phoenix, AZ 85015, or want to see it in person?

The Anderson Team · (480) 900-9140

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