Duplex with Brand-New
115 Elm Street Roseville, CA 95678
New
For Sale
$669,000
Two detached residences on one lot, including a remodeled main home and brand-new ADU, both currently leased under one-year agreements.
Property Size1,584 SF
Price / SF$422.35
Days on Market5
Property Features for 115 Elm Street
General Information
Standard status
Active
Size
1,584 SF
Property subtype
Multi Family
Building Details
Year Built
1918
Listing Agency:
Capital Group Realty, Inc.
(916) 247-0706
Listed By:
Andrey Petrin · License #01456514
(916) 247-0706
Source:
Exitrealty
Added: Jul 25
Changed: Jul 27
Last Checked: Jul 28 at 6:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Capital Group Realty, Inc.
Investment Insights
Based on property information with market context.
This property is a two-home, one-lot setup offering a remodeled main residence plus a brand-new ADU, each with its own living space. The main home is described as approximately 850 square feet and includes 2 bedrooms and 1 bathroom. Improvements noted include a new kitchen, updated bathroom, new flooring, central HVAC, dual-pane windows, and a private yard.
The newly built ADU is described as approximately 750 square feet with 2 bedrooms and 1 bathroom. It is positioned as stylish and private, with its own yard space and plenty of parking.
Both units have been extensively upgraded, including new sewer and water lines and new electrical panels, along with additional improvements throughout the property. Both units are currently leased on one-year agreements; please do not disturb tenants. Contact the listing agent with questions.
The newly built ADU is described as approximately 750 square feet with 2 bedrooms and 1 bathroom. It is positioned as stylish and private, with its own yard space and plenty of parking.
Both units have been extensively upgraded, including new sewer and water lines and new electrical panels, along with additional improvements throughout the property. Both units are currently leased on one-year agreements; please do not disturb tenants. Contact the listing agent with questions.
Key Highlights
- Two detached residences on one lot: remodeled main home plus brand‑new ADU, both currently leased on one‑year agreements
- Remodeled main home (approx. 850 SF) offers 2 beds, 1 bath, new kitchen, updated bathroom, new flooring, and central HVAC
- Main home upgrades include dual‑pane windows and a private yard; new sewer and water lines plus a new electrical panel
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.9k | $25.20 |
| − Vacancy | −$2.6k | −$1.64 |
| EGI | $37.3k | $23.56 |
| − OpEx | −$11.2k | −$7.07 |
| NOI | $26.1k | $16.49 |
1,584 SF · lease $25.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$373.2K
$326.6K – $435.4K
NOI $26,126 @ 7.0% cap · market cap 3.91%
Second Best
Apartment 5plus
$337.6K
$295.4K – $393.9K
NOI $23,635 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$436.0K
$381.5K – $508.6K
NOI $30,517 @ 7.0% cap · market cap 4.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two detached residences on one lot, including a remodeled main home and brand-new ADU, both currently leased under one-year agreements.
Where is this duplex located?
The property is located at 115 Elm Street Roseville, CA.
What is the asking price?
The asking price for this property is $669,000.
What are key features of this property?
This property features: Two detached residences on one lot: remodeled main home plus brand‑new ADU, both currently leased on one‑year agreements; Remodeled main home (approx. 850 SF) offers 2 beds, 1 bath, new kitchen, updated bathroom, new flooring, and central HVAC; Main home upgrades include dual‑pane windows and a private yard; new sewer and water lines plus a new electrical panel
