1942 W Berridge Lane, Phoenix, AZ

$2,485,000

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About 1942 W Berridge Lane

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.

Features of 1942 W Berridge Lane

MLS® # 6865139
Price $2,485,000
Acres 0.00
Year Built 1963
Type Multiple Dwellings
Status Active

Community Information

Address 1942 W Berridge Lane
Subdivision PARK MARYLAND AMD
City Phoenix
County Maricopa
State AZ
Zip Code 85015

Amenities

Amenities / Community Features Other
Parking Spaces 28
Parking >1 Space Per Unit
Is Waterfront No
Has Pool No

Interior

Appliances Disposal, Dishwasher, Free-Standing Electric Oven, Washer/Dryer
Heating Electric
Cooling Central Air
Fireplace No

Exterior

Roof Built-Up
Construction Painted, Block, Brick

School Information

District Glendale Union High School District

Additional Information

Zoning R-4
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeABI Multifamily

Listing Map

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