Active
3618 Mount Vernon Street
Houston TX, 77006
$2,500,000
$353.71 per sqft
Active
7,068 sqft
Multi-family
Built in 1959
Presenting a versatile commercial property at 3618 Mount Vernon St, Houston, TX 77006, currently leased to a reputable language school. This two-story, 7,457-square-foot building offers a stable income stream with a cap rate of 5.55%.
Situated on a 0.28-acre lot in the heart of Montrose, the property features nine classrooms, eight offices, two kitchens, two lounge areas, seven restrooms, an outside stairway and balcony, a garden area, and a private parking lot.
The vibrant neighborhood is surrounded by offices, restaurants, housing, schools, and nightlife, making it an attractive investment opportunity.
62003298
MLSⓇ ID
January 23, 2025
Listed
January 23, 2025
Updated
Map
3618 Mount Vernon Street
Houston TX, 77006
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Cooling Description
Electric
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.26 Acres
Roof
Composition
School Information
School District
27 - Houston
High School
Lamar High School (Houston)
Elementary School
Baker Montessori School
Other Property Details
Area Name
16
Taxes
$38,212
Tax Frequency
Annually
Garage
No
View
No
County
Harris
Pool
No
Courtesy of Compass RE Texas, LLC - Memorial, Andrea Curran
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Data last updated 6:27 PM UTC, 1/23/2025