3618 Mount Vernon, Houston, Texas

$2,500,000
Active
3618 Mount Vernon, Houston, Texas
3618 Mount Vernon, Houston, Texas
3618 Mount Vernon, Houston, Texas
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Property Details

MLS ID: 62003298
Status: Active
Price: $2,500,000
Type: Multi-Family, Residential
Address: 3618 Mount Vernon
City, State: Houston, TX
County: Harris County
ZIP Code: 77006
Parcel Number: 026-191-000-0004
SqFt: 7,068
Year Built: 1959

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.

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.

Madeleine Kutach

Madeleine Kutach

Capitol Ranch Real Estate, LLC

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Madeleine Kutach
Capitol Ranch Real Estate, LLC
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Listed By: Andrea Curran of Compass Re Texas, Llc - Memorial - (832) 707-4900