$2,485,000

1942 W BERRIDGE Lane, Phoenix, AZ 85015

Multi-Family Home
Built in 1963
—— sqft lot
—— car garage
$——/sqft
Listed 6 months ago

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.

Listing Status:: Active
Date Added:: May 12, 2025 at 05:00AM
Listing Office:: ABI Multifamily : 602-714-1400
Listing Agent:: Andrew Arambula : 602-714-8994
MLS ID:: 6865139

Flooring: Ceramic TileVinylConcrete
A/C: Central Air
Heating: Electric

Parking: >1 Space Per UnitParking spaces: 28

Roofing: Built-Up
General: PaintedBlockBrick

Originating MLS: Arizona Regional Multiple Listing Service 2
School District: Glendale Union High School District
County: Maricopa

Zoning: R-415613084A

Water: City Franchise
Sewer: Public Sewer

Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of Andrew Arambula, ABI Multifamily

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Washington High School

2217 W Glendale Ave, Phoenix, AZ, 85021

Grades 9-12

0.81 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.