3618 Mount Vernon Street
Houston, TX 77006
- – beds
- – baths
- 7,068 sqft
- 11,250 sqft lot
- $353 per sqft
- 1959 build
- – on site
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.
Listing courtesy of HAR / Compass RE Texas, LLC - Memorial
Last checked:
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Last updated Jan 24, 2025
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MLS# 62003298 —
The Building
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Year Built:1959
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Year Built Source:Appraisal District
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New Construction:No
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Roof:Composition
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Stories:2
Financial & Terms
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Price SqFt List:$353.71
Location
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Directions:From 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.
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Latitude:29.739737
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Longitude:-95.393914
The Property
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Parcel Number:026-191-000-0004
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Property Type:Multi-Family
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Property Subtype:5 Plus
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Lot Size:11,250 Sqft
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Lot Size Source:Appraisal District
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Lot Price SqFt List:222.22
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Total SqFt:7,068 Sqft
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SqFt Source:Appraisal District
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Area:16
Listing Agent
- Contact info:
- Agent phone:
- (832) 707-4900
- Office phone:
- (832) 899-4788
Taxes
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Tax Year:2024
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Tax Rate:$2.01
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Tax Amount:$38,212
The Listing
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Status:Active
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Disclosures:No Disclosures
Heating & Cooling
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Heat System:Central Electric
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Cool System:Central Electric
Schools
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Elementary:BAKER MONTESSORI SCHOOL
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Middle School:LANIER MIDDLE SCHOOL
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High School:LAMAR HIGH SCHOOL (HOUSTON)
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School District:27 - Houston
The Community
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Subdivision:Montrose Add Amd
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Active Community 55:No
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Legal Subdivision:MONTROSE
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Restrictions:Deed Restrictions
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Management Company:No
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Maintenance Fee:No
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Other Fees:No
Extra Units
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Total Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).