1942 W BERRIDGE Lane, Phoenix, AZ 85015 - MLS#6865139 - Ryan Ney

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Ryan Ney

My Home Group Real Estate

ryan@realscottsdalehomes.com +1(480) 566-9249

$2,485,000

Est. payment - /mo

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Park Maryland Amd

MLS Listing ID 6865139

Year Built 1963

Annual Tax Amount $5,349

Tax Year 2024

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

Source Arizona Regional Multiple Listing Service (ARMLS)

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

Area Maricopa

Zoning R-4

Interior

Heating Electric

Cooling Central Air

Flooring Ceramic Tile

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

Exterior

Parking Features >1 Space Per Unit

Community Features Other

Roof Type Built-Up

Private Pool No

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)

Disclosures Other (See Remarks)

Listing Terms Other (See Remarks)

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Listed by ABI Multifamily

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Ryan Ney

+1(480) 566-9249

Realtor® ~ Team Leader | SASA548713000

Realtor® ~ Team Leader SASA548713000

Scottsdale Speciality Searches

1942 W BERRIDGE Lane Phoenix, AZ 85015

Ryan Ney

Key Details

Location

Interior

Exterior

Building

Schools

Others

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