1942 W Berridge Ln

Phoenix, AZ 85015
  • $2,100,000

    Price
  • 36

    Bed
  • 78

    Bath

About the Listing abim01 - aa315,tp288

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.

Listing Highlights for 1942 W Berridge Ln

Status Active
Days on Site 529
Property Type Multi-Family
MLS ® 6865139
Year Built 1963

Interior Details

  • Bedrooms: 36
  • Bathrooms: 78 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Electric
  • Fireplaces:
  • Floor: Ceramic Tile,Vinyl,Concrete
  • Basement:
  • Other:
  • Water: City Franchise

Exterior Details

  • Garage Capacity: N/A
  • Roof: Built-Up
  • Others: Sidewalk(s)
  • Sewer: Public Sewer
  • Parking Features: >1 Space Per Unit

Financial Details

  • Tax Amount: $5,349
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 156-13-084-A
  • Tax Year: 2024

Payment Calculator

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Listing Location

Questions About..

1942 W Berridge Ln Phoenix, AZ 85015

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Originating MLS: Arizona Regional Multiple Listing Service (ARMLS)

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Shanna Day Team

Operator & Expansion Partner | Shanna Day Team | Keller Williams Realty Phoenix

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