1942 W BERRIDGE Lane new

Phoenix,AZ 85015

$ 2550000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Park Maryland Amd

MLS Listing ID 6865139

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1963

Annual Tax Amount $5,349

Tax Year 2024

Lot Dimensions 143.08x129.27x143.08x129.27

Property Description

ABI Multifamily is proud to present the exclusive offering of Lamego Palms—a fully renovated, turn-key 12-unit multifamily asset located in the heart of vibrant Central Phoenix. This rare investment opportunity delivers immediate cash flow and substantial long-term upside in one of the city's most dynamic and accessible submarkets. Lamego Palms features spacious, thoughtfully updated 2-bedroom, 1-bathroom units, each spanning approximately 900 square feet. Every residence is outfitted with modern finishes, upgraded kitchens and bathrooms, and in-unit washer and dryers—premium amenities that elevate tenant satisfaction and support strong retention. Residents enjoy the comfort of large, open floor plans, private in-home laundry, and contemporary interiors that feel like home from day one.

Location

State AZ

County Maricopa

Community Park Maryland Amd

Zoning R-4

Interior

Heating Electric

Cooling Central Air

Flooring Ceramic Tile,Vinyl,Concrete

Appliance Disposal,Dishwasher,Free-Standing Electric Oven,Washer/Dryer

Exterior

Parking Features >1 Space Per Unit

Community Features Other

Roof Type Built-Up

Total Parking Spaces 28

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Glendale Union High School District

Others

Senior Community No

Tax ID 156-13-084-A

Acceptable Financing Other (See Remarks)

Listing Terms Other (See Remarks)

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