Top-Floor Residential Income
For Sale
$510,000
2910 GEORGIA AVENUE NW Unit 104, Washington, DC 20001
Move-in-ready penthouse residence with two primary suites, hardwood flooring, and expansive city views.
Property Size878 SF
Price / SF$580.87
Days on Market217
Property Features for 2910 GEORGIA AVENUE NW Unit 104
General Information
Standard status
Active
Size
878 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Pleasant Plains
Taxes and HOA fees
Annual Taxes
$3,895
Building Details
Building Size
878 SF
Year Built
2011
Listing Agency:
Corcoran McEnearney
Listed By:
Nicole K Apanda · License #SP98374102
(240) 505-9066
Source:
Kerishull
Added: Mar 27
Changed: Oct 26
Last Checked: Oct 28 at 1:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Corcoran McEnearney
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Investment Insights
Based on property information with market context.
This 2011 residential income property is a top-floor penthouse condominium with two primary suites, polished hardwood flooring, a welcoming foyer, and an open living and kitchen arrangement. Floor-to-ceiling windows bring natural light into the living and dining areas while providing elevated street-facing views and a National Mall treescape. The kitchen includes mahogany-stain cabinetry, stainless steel appliances, and a brand-new microwave. A separate laundry area includes a brand-new washer and dryer. The building has an exposed-brick exterior, elevator access, and a rooftop area with expansive views. One private deeded parking space is positioned beside the building’s parking entrance, with vehicle access from either side street.
The property is at 2910 Georgia Avenue NW in Washington, DC, near Children's National Hospital, MedStar, Washington VA Medical Center, and Howard University Medical Center. Columbia Heights Metro is 5 blocks away, while Georgia Avenue-Petworth Metro is 8 short blocks away. The surrounding area includes walkable restaurants, a Georgia Avenue bus line, Whole Foods 5 prompt blocks away, a public tennis court 1 block away, and nearby fitness studios and community markets.
The property is at 2910 Georgia Avenue NW in Washington, DC, near Children's National Hospital, MedStar, Washington VA Medical Center, and Howard University Medical Center. Columbia Heights Metro is 5 blocks away, while Georgia Avenue-Petworth Metro is 8 short blocks away. The surrounding area includes walkable restaurants, a Georgia Avenue bus line, Whole Foods 5 prompt blocks away, a public tennis court 1 block away, and nearby fitness studios and community markets.
Key Highlights
- Top‑floor penthouse with two primary suites and floor‑to‑ceiling windows
- Private deeded parking space beside the condo building entrance
- 2011 building with exposed‑brick exterior, elevator, and rooftop area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,588
Cap Rate
2.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$291,760
$291.8K
Cap Rate 7%
$208,400
$208.4K
Cap Rate 9%
$162,089
$162.1K
Market Conditions
NOI Build-Up for 878 SF
Gross rent
$27.9K $31.80/SF
− Vacancy
−$1.4K −$1.59/SF
EGI
$26.5K $30.21/SF
− OpEx
−$11.9K −$13.59/SF
NOI
$14.6K $16.62/SF
Area
Washington, DC
Vacancy
5.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$291,760
Cap Rate 7%
$208,400
Cap Rate 9%
$162,089
Alternative Uses
Best Use
Apartment 5plus
$208.4K
$182.4K – $243.1K
NOI $14,588 @ 7.0% cap · market cap 2.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$451.6K
$395.2K – $526.9K
NOI $31,613 @ 7.0% cap · market cap 6.20%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
5,498
Businesses Nearby
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Business Placement
Demographics for 20001, DC
49,040
Population
26,728
Households
1.8
Avg Household Size
32
Median Age
78%
College-Educated
95%
High-School Grad
2.0 sq mi
ZIP Area
24,520
Density / Sq Mi
$138,730
Median Household Income
$94,675
Median Earnings
$2,464
Median Rent
$844,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Move-in-ready penthouse residence with two primary suites, hardwood flooring, and expansive city views.
Where is this residential income property located?
The property is located at 2910 GEORGIA AVENUE NW Unit 104 Washington, DC.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Top‑floor penthouse with two primary suites and floor‑to‑ceiling windows; Private deeded parking space beside the condo building entrance; 2011 building with exposed‑brick exterior, elevator, and rooftop area
