About 114 S Hennessey Street
Acquire a fully leased Mid-City double, one block off Canal Street. 114–116 S Hennessey Street offers in-place income of $5,100/month ($61,200 annualized) with upside through rent increases or short-term rental activation (114 is currently permitted for STR). Zoned HU-MU (Historic Urban Mixed-Use), this ±3,584 SF property sits in Flood Zone X and conveys with furnishings and appliances (tenant personal items excluded). New roof Dec 2023. The 114 side ($2,400/month) is on a month-to-month lease, giving a buyer immediate flexibility to reset rents or pursue STR use. The 116 side ($2,700/month) is leased through March 2026. Previous STR operations on 114 generated $43,800/year, demonstrating strong short-term demand.
Features of 114 S Hennessey Street
| MLS® # | 2524561 |
|---|---|
| Price | $674,900 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 3,584 |
| Acres | 0.10 |
| Year Built | 1913 |
| Type | Multi-Family |
| Sub-Type | Duplex, Victorian |
| Status | Active |
Community Information
| Address | 114 S Hennessey Street |
|---|---|
| City | New Orleans |
| County | Orleans |
| State | Louisiana |
| Zip Code | 70119 |
Amenities
| Parking | None |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central |
|---|---|
| Cooling | CentralAir |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior | Brick, Wood Siding |
|---|---|
| Lot Description | City Lot, Rectangular Lot |
| Roof | Asphalt |
| Construction | Brick, Wood Siding |
| Foundation | Raised |
Additional Information
| Days on Market | 25 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 0.00 |
| Listing Provided By | Talbot Realty Group |