Houston, TX 77006 3618 Mount Vernon Street
$2,500,000
45 more
Presented By: Compass RE Texas, LLC - Memorial;
SQFT • 7,068
Home Details
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.
Presented By: Compass RE Texas, LLC - Memorial;
Interior Features for 3618 Mount Vernon Street
Bedrooms
Total Bedrooms
Bathrooms
Total Baths0.00
Other Interior Features
Unit Count0
Sq Ft Total7068
Sq Ft SourceAppraisal District
Cool SystemCentral Electric
General for 3618 Mount Vernon Street
Census Tract4107.03
CityHouston
CountyHarris
DOM
DirectionsFrom I 10 E, exit Yale St, right on Yale, straight onto Waugh Dr., right on Commonwealth St., right on Lovett Blvd., left on Mt. Vernon.
DisclosuresNo Disclosures
Elementary SchoolBAKER MONTESSORI SCHOOL
Fee Other
Full Baths
Geo Market AreaMontrose
HeatingCentral Electric
High SchoolLAMAR HIGH SCHOOL (HOUSTON)
Legal SubdivisionMONTROSE
List TypeExclusive Right to Sell/Lease
Maintenance Fee Y/N
Middle SchoolLANIER MIDDLE SCHOOL
New Construction0
Property TypeMulti-Family
RestrictionsDeed Restrictions
RoofComposition
School District27 - Houston
StatusActive
Stories2
Sub Type5 Plus
SubdivisionMontrose Add Amd
Tax Rate2.0148
Tax Year2024
Unit Total1
Year Built1959
Yearly Taxes38212
Exterior for 3618 Mount Vernon Street
Lot Size11250
Lot Size SourceAppraisal District
Additional Details
Price History
Schools
Middle School
Lanier Middle School
High School
Lamar High School (Houston)
Elementary School
Baker Montessori School Elementary School
Jeffrey Whitespeare
Founder/Owner