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.
Name | Grade | Great School Ranking | Performance Index | Distinction Designations |
---|---|---|---|---|
Woodrow Wilson Montessori | Elementary | 7 of 10 | 4 of 4 | 1 of 7 |
Lanier Middle | Middle | 9 of 10 | 4 of 4 | 7 of 7 |
Lamar High | High | 5 of 10 | 4 of 4 | 6 of 7 |