3618 Mount Vernon ST Active Save Request In-Person Tour Request Virtual Tour
Houston,TX 77006
Key Details
Property Type Multi-Family
Sub Type 5 Plus
Listing Status Active
Purchase Type For Sale
Square Footage 7,068 sqft
Price per Sqft $353
Subdivision Montrose Add Amd
MLS Listing ID 62003298
Year Built 1959
Annual Tax Amount $38,212
Tax Year 2024
Lot Size 0.258 Acres
Property Description
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.
Location
State TX
County Harris
Area Montrose
Interior
Heating Central Electric
Cooling Central Electric
Exterior
Roof Type Composition
Building
Story 2
New Construction No
Schools
Elementary Schools Baker Montessori School
Middle Schools Lanier Middle School
High Schools Lamar High School (Houston)
School District 27 - Houston
Others
Senior Community No
Restrictions Deed Restrictions
Tax ID 026-191-000-0004
Tax Rate 2.0148
Disclosures No Disclosures
Special Listing Condition No Disclosures