AZ > Phoenix > Park Maryland Amd
Phoenix, AZ 85015,1942 W BERRIDGE Lane
Phoenix, AZ 85015,1942 W BERRIDGE Lane
Phoenix, AZ 85015,1942 W BERRIDGE Lane
Phoenix, AZ 85015,1942 W BERRIDGE Lane
Phoenix, AZ 85015,1942 W BERRIDGE Lane
Phoenix, AZ 85015,1942 W BERRIDGE Lane
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Sanjog Gopal

Sanjog Gopal

+1(602) 770-6574
$ 2,485,000
Est. payment | /mo
Save
$ 2,485,000
Est. payment | /mo
Save

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

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)

Arizona Regional MLS (ARMLS)

Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by ABI Multifamily

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Sanjog Gopal
Sanjog Gopal

Partner | Lic# BR574137000

+1(602) 770-6574

2077 E Warner Road # 110, Tempe, AZ, 85284

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1942 W BERRIDGE Lane