3000 Centennial Woods Drive, Raleigh, NC 27603
Local realty services provided by:CENTURY 21 New Beginnings
3000 Centennial Woods Drive,Raleigh, NC 27603
$265,000
- 4 Beds
- 4 Baths
- 1,378 sq. ft.
- Multi-family
- Pending
Listed by:
- CENTURY 21 New Beginnings
Office: century 21 new beginnings
MLS#:10151367
Source:RD
Price summary
- Price:$265,000
- Price per sq. ft.:$192.31
- 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 most respected student housing management firms in the region, giving you a completely hands-off ownership experience from day one. Fridge, washer, and dryer all convey. Perfectly positioned near NC State, Meredith College, Centennial Campus, downtown Raleigh, major highways, shopping, and just 15 minutes to RDU. Demand for housing in this corridor does not slow down. Buyers not required to retain current tenants. For owner-occupant or parent buyers, Preiss Company can assist current tenants in relocating within their managed portfolio — making this just as flexible for personal use as it is for pure investment. **$5,000 toward your closing. Tenants already in place. Income from day one. This is the one!...
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Home facts
- Year built:2000
- Listing ID #:10151367
- Added:141 day(s) ago
- Updated:July 28, 2026 at 07:43 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Carpet, Vinyl
- Living area:1,378 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:1,378 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.:$192.31
- Tax amount:$2,387
Parking
- Parking description:Parking Lot
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