Renovated Triplex with ADU
402 Colin Kelly Drive Roseville, CA 95747
402 Colin Kelly Drive, Roseville, CA, 95747
$699,970
For Sale
$699,970
Newly built/renovated triplex includes a remodeled front mobile home and a 2021 two-story duplex ADU.
Property Size3,182 SF
Price / SF$219.98
Days on Market71
Property Features for 402 Colin Kelly Drive
General Information
- Standard status
- Active
- Size
- 3,182 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1997
Listing agency
eXp Realty of California Inc.
(530) 479-3288
Listed by
Rebecca Cross · License #02311064
(530) 479-3288
Source
Exitrealty
Added: May 13 Updated: Jul 21 at 1:29PM Checked: Jul 21 at 1:29PM
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 eXp Realty of California Inc.
Investment Insights
Based on property information with market context.
This newly built/renovated triplex combines a remodeled front unit with a newer rear structure. The front unit is a bright 2-bedroom, 1-bath mobile home originally built in 1997 and recently remodeled. The improvements include a renovated kitchen and bathroom, new flooring, fresh interior and exterior paint, and updated modern light fixtures. The unit also features a covered carport and a covered patio.
At the rear of the property is a newly constructed (2021) two-story duplex ADU. Each ADU unit is approximately 600 square feet with identical floor plans and modern finishes, including white shaker cabinets, laminate countertops, and vinyl plank flooring. Both ADU units are all-electric. The two ADU units are currently tenant-occupied on month-to-month leases.
The property also includes a small shared yard area with a table and chairs for tenant use.
At the rear of the property is a newly constructed (2021) two-story duplex ADU. Each ADU unit is approximately 600 square feet with identical floor plans and modern finishes, including white shaker cabinets, laminate countertops, and vinyl plank flooring. Both ADU units are all-electric. The two ADU units are currently tenant-occupied on month-to-month leases.
The property also includes a small shared yard area with a table and chairs for tenant use.
Key Highlights
- Triplex in West Roseville: remodeled 1997 front 2BR/1BA mobile home plus a newly constructed 2021 two‑story duplex ADU.
- Front unit: recently remodeled 2‑bedroom, 1‑bath mobile home (1997) with renovated kitchen and bathroom, new flooring, and fresh interior/exterior paint.
- Front unit is vacant and ready for immediate occupancy or lease‑up; includes a covered carport and covered patio.
Local 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 | $80.2k | $25.20 |
| − Vacancy | −$5.2k | −$1.64 |
| EGI | $75.0k | $23.56 |
| − OpEx | −$22.5k | −$7.07 |
| NOI | $52.5k | $16.49 |
3,182 SF · lease $25.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$749.7K
$656.0K – $874.7K
NOI $52,482 @ 7.0% cap · market cap 7.50%
Second Best
Apartment 5plus
$678.3K
$593.5K – $791.3K
NOI $47,480 @ 7.0% cap · market cap 6.78%
Theoretical Best
Office A
$875.8K
$766.3K – $1.02M
NOI $61,305 @ 7.0% cap · market cap 8.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Triplex - Newly built/renovated triplex includes a remodeled front mobile home and a 2021 two-story duplex ADU.
Where is this triplex located?
The property is located at 402 Colin Kelly Drive Roseville, CA.
What is the asking price?
The asking price for this property is $699,970.
What are key features of this property?
This property features: Triplex in West Roseville: remodeled 1997 front 2BR/1BA mobile home plus a newly constructed 2021 two‑story duplex ADU.; Front unit: recently remodeled 2‑bedroom, 1‑bath mobile home (1997) with renovated kitchen and bathroom, new flooring, and fresh interior/exterior paint.; Front unit is vacant and ready for immediate occupancy or lease‑up; includes a covered carport and covered patio.
