34
See all 34 photos
$690,000
Est. payment /mo
6 Beds
4 Baths
3,584 SqFt
New
114 S HENNESSEY ST New Orleans, LA 70119
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,584 sqft
Price per Sqft $192
MLS Listing ID 2524561
Style Victorian
Bedrooms 6
Full Baths 4
Construction Status Excellent
HOA Y/N No
Year Built 1913
Lot Size 4,416 Sqft
Acres 0.1014
Property Sub-Type Duplex
Property Description
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.
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.
Location
State LA
County Orleans
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features None
Water Access Desc Public
Roof Type Asphalt
Building
Lot Description City Lot, Rectangular Lot
Entry Level Two
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Victorian
Level or Stories Two
Construction Status Excellent
Others
Tax ID 105305811
Special Listing Condition None
Listed by Talbot Realty Group
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