Description of 3000 Centennial Woods Dr #204, Raleigh, NC 27603
Listing details for 3000 Centennial Woods Dr #204, Raleigh, NC 27603 : Seller offering $5,000 buyer concession - use it toward closing costs, interest rate buy-down, or updates of your choice! Investor opportunity! Income-producing 4 bedroom, 4 full bath second-floor condo designed for shared living. Each bedroom includes a private bathroom with a shared kitchen and living area, offering both privacy and functional common space. Currently occupied with three tenants in place, with two tenants already leased through July 2027. Current rents are $550 per room per month, increasing to $580 per room starting in August. When fully occupied, the unit offers strong income potential under the room-rental model. Recent improvements include a new roof installed by the HOA in 2025 and a water heater replaced in November 2024. Heat pump installed in 2016. Property is professionally managed by Preiss Management. Ideal for investors seeking steady rental income or buyers looking to occupy one bedroom while renting the remaining rooms.Fridge/washer/dryer convey with unit.Close to Meredith College, NCSU, Centennial Campus, downtown Raleigh, highways, shopping and only 15 minutes to RDU airport. Perfect location!
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Listing Updated : 04-17-2026 at 8:16 AM EDT
Property Details
Overview
Status
Active
MLS #ID
10151367
Price
$274,900
Bedrooms
4
Bathrooms
4
Square Footage
1,391
Acres
Year
2000
Days on Site
54
Property Type
Residential Income
Property Sub Type
Condominium
Price per Sq Ft
$198
Date Listed
Mar 8, 2026
Community Information for 3000 Centennial Woods Dr #204, Raleigh, NC 27603
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