3000 Centennial Woods Drive, Raleigh, NC 27603

Raleigh
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
3000 Centennial Woods Drive,Raleigh, NC 27603
$265,000
  • 4 Beds
  • 4 Baths
  • 1,391 sq. ft.
  • Multi-family
  • Active
Listed by: ellisha mayers
Office: century 21 new beginnings
MLS#:10151367
Source:RD

Price summary

  • Price:$265,000
  • Price per sq. ft.:$190.51
  • Monthly HOA dues:$280

About this home

**Cash Flow Day One | 4BR/4BA Income-Producing Condo Near NC State** Investors, this one is already working for you before you even close. Four bedrooms, four private baths, three tenants in place, two leases running through July 2027, and current rents at $550 per room moving to $580 in August — that's $2,320 per month at full occupancy with upside still on the table. The room-by-room rental model is one of the strongest income strategies in college markets and this unit is already set up and running. Seller is offering a **$5,000 buyer concession** — use it to buy down your rate, cover closing costs, or put it toward updates. Your call. The heavy lifting has already been done for you. New roof installed by the HOA in 2025. Water heater replaced November 2024. Fresh paint throughout. Heat pump 2016. This is not a fixer — it's a move-in ready income property in one of the most reliable rental markets in North Carolina. Currently professionally managed by Preiss Company, one of the...

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Home facts

  • Year built:2000
  • Listing ID #:10151367
  • Added:108 day(s) ago
  • Updated:June 25, 2026 at 05:18 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Carpet, Vinyl
  • Living area:1,391 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air, Heat Pump
  • Heating:Central, Heat Pump
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:2000
  • Building area:1,391 sq. ft.
  • Construction Materials:Vinyl Siding
  • Foundation Description:Permanent, Slab
  • Levels:One

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$265,000
  • Price per sq. ft.:$190.51
  • Tax amount:$2,387

Parking

  • Parking description:Parking Lot
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