812/814 Faun St, Metairie, LA 70003

Property Description

Income-producing, renovated DUPLEX located at 812 & 814 Faun Street in Metairie. This well-maintained property features two identical units totaling 2,000 sq ft, with 1,000 living sq ft per side. Each unit offers 2 bedrooms, 2 full bathrooms, updated kitchens and bathrooms, fresh paint, and a newer roof. Both units include washer, dryer, refrigerator, and all appliances, making this a true turnkey investment. Each side has its own fully fenced private yard and a driveway with off-street parking for 2 to 3 vehicles.Current rents are $1,800/month for each side, producing $3,600 in monthly income or $43,200 annually. At the list price, this equates to an approximate 12.34% gross return, offering immediate cash flow with strong upside potential. Property is separately metered and has been consistently well cared for.Conveniently located near major hospitals, shopping, grocery stores, restaurants, and with quick access to I-10, Veterans Blvd, and Lakeside area amenities. Ideal for investors seeking a stabilized, income-producing asset or an owner-occupant looking to offset a mortgage with rental income. Make your appointment today! Please do not disturb tenants-THANK YOU!!