1102 Ann St 12 Pasadena, TX 77506-4759

This exceptional 11-unit apartment building presents a compelling investment opportunity in Pasadena, Texas. Located at 1102 Ann Street, this single-story, 1958-built property underwent renovations in 2015. The 0.31-acre lot features 11 fully occupied units, each boasting tile floors and high-efficiency washers and dryers, offering a strong rental income stream. With 1.61 parking spaces per unit, tenant convenience is ensured. The property benefits from its prime location, providing easy access to major roadways including Highway 225, I-610 Loop, and Beltway 8. Situated in a favorable Flood Zone X, this investment offers added peace of mind. Further enhancing its appeal, this property is located within Opportunity Zone #48201322100. The asking price is $1,000,000, translating to $95,455 per unit. This turnkey investment is ready for immediate income generation and presents a strong return on investment. The property's Class C designation reflects its solid, income-producing nature. This is a rare opportunity to acquire a well-maintained, high-performing multifamily asset in a desirable Texas location.