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204/3000 Centennial Woods Drive

Raleigh NC 27603

4
4
1391 sq. ft.
Condo
Currently for sale - view listing

Overview

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!

Features

4 bedrooms
4 bathrooms
1391 sq. ft. floor area
Condo

Property history for 204/3000 Centennial Woods Drive

2006
Sold
$114,850
27 Feb 2006 by John Collins, of Prudential York Simpson Underwood Realty

Happy sellers in Raleigh

85%
85% of sellers in Raleigh reported that their sale price either exceeded or met their price expectations.

Raleigh stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Raleigh over the last 12 months.

Local market activity for 4 bedroom condos in Raleigh

In the last 12 months, 8 four-bedroom condos similar to 204/3000 Centennial Woods Drive, have been sold.

This represents a 39% increase in four-bedroom condos sales when compared to the previous 12 months.

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(619) 566-0008
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