2014 W BERRIDGE Lane, Phoenix, AZ 85015
2014 W BERRIDGE Lane, Phoenix, AZ 85015
2014 W BERRIDGE Lane, Phoenix, AZ 85015
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$4,750,000
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2014 W BERRIDGE Lane Phoenix, AZ 85015

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Park Maryland Amd

MLS Listing ID 6946527

Year Built 1961

Annual Tax Amount $7,322

Tax Year 2024

Lot Dimensions 100x270

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Introducing Signature 18, a gated community in the heart of Phoenix, offering a 6.67% ACTUAL cap rate and NOI of $316,684. Located near Abrazo Hospital, Christown Spectrum Mall, and major transit, the property blends urban access with a quiet, private setting. Recent improvements include desert landscaping, repaved parking, refreshed exterior paint, LED motion lighting, upgraded security cameras, modern gate locks, new stainless appliances, in-unit washers/dryers, roof resealing, and upgraded pool equipment. A new dog run enhances resident appeal, making this a true turn-key investment with strong cash flow and long-term efficiency.

Location

State AZ

County Maricopa

Community Park Maryland Amd

Area Maricopa

Zoning R-4

Direction From I-17, exit at Bethany Home Rd and head east. Turn south on 21st Ave, then east on Berridge Ln. Property is on the north side of the street.

Interior

Heating Central

Cooling Central Air

Flooring Vinyl

Appliance Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Gas Oven, Microwave, Washer/Dryer, W/D Hookup

Exterior

Parking Features Detached Carport, >1 Space Per Unit, 1 Space/Unit, On Street

Community Features Pool

Roof Type Composition

Private Pool Yes

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Glendale Union High School District

Others

Senior Community No

Tax ID 156-13-086-A

Acceptable Financing CTL, Conventional

Disclosures None

Listing Terms CTL, Conventional


Arizona Regional MLS (ARMLS)
Listed by HomeSmart • Collin Corsmeier

NEARBY SCHOOL & BUSINESS

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Chase Reynolds

Chase Reynolds

Broker Associate | License ID: BR697484000

+1(480) 694-6619

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2014 W BERRIDGE Lane