3710 Pardue Woods Pl, Raleigh, NC 27606

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $222 per day and long-term for an average of $2,105 per month, based on similar listings in the area. Estimated short-term cap rate of 5.6%. Estimated long-term cap rate of 1.7%. Welcome investors! Come see one of the most convenient and one of the least expensive ways for your renters to live near NCSU campus (11 minutes) and downtown (12 minutes). This ''shared living'' condo is popular with students and professionals alike and will stay fully occupied whether you are looking for long term stable income or maximum profit. Shared areas are the kitchen, living room, sunroom and in-unit laundry which includes full size washer and dryer (new in 2023). By design, the three bedrooms offer maximum noise reduction and privacy. The common areas have durable luxury vinyl plank flooring , window blinds ,electric stove , refrigerator (new in 2023) dishwasher (new in 2025) exhaust fan, and washer/dryer. Three renters are in place with one on m-m and the other 2 leases ending in early 2026. All were subjected to a rigorous approval process including income verification, rental references credit and background checks. Currently advertised market rate is $650 per room. The kitchen cabinets have been freshly painted a trendy charcoal gray. This building is uniquely located at the end of a cul-de-sac over looking a private wooded area which will be beautiful this Spring. This one won't last! Come and visit! You'll be glad you did!