Houston, TX 77006,3618 Mount Vernon ST
Houston, TX 77006,3618 Mount Vernon ST
Houston, TX 77006,3618 Mount Vernon ST
Houston, TX 77006,3618 Mount Vernon ST
Houston, TX 77006,3618 Mount Vernon ST
Houston, TX 77006,3618 Mount Vernon ST
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$ 2,500,000
Est. payment | /mo

7,068 SqFt


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$ 2,500,000
Est. payment | /mo
Save

7,068 SqFt

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

Houston Association of Realtors (HAR MLS)
Listed by Compass RE Texas, LLC - Memorial • Andrea Curran
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13100 Wortham Center Dr, Houston, TX, 77065

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3618 Mount Vernon ST