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Margaret Lamberton
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Direct Office:
202-210-4215
mslamberton@
mindspring.com
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Buyers Info
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Welcome!

Your Real Estate Condominium & Cooperative Specialist...

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Margaret Lamberton

1729 20th Street, N.W.

Washington, DC 20009

Direct: 202-210-4215

Fax: 866-203-8853

mslamberton@mindspring.com

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New to Market

THE CONDOMINIUM COMPANY, LLC

trading as Margaret Lamberton Real Estate

Margaret's January Update for Buyers & Sellers:

We believe that the light will soon dawn, and that COVID-19 will be beat back sooner than later. The Washington, DC market in 2020 for both apartment rentals and sales can be described only as dreadful. The market has been at a standstill, buyers and potential tenants hanging in the wings waiting to see definitive action on a COVID-19 vaccine. The phones stopped ringing, vacancies increased, all kinds of incentives were offered to tenant prospects (bikes, money, cars), but not much worked. And then visible evidence, a shot in the arm, vaccination was real and had begun. I do not know exactly the timing on this, but it seemed to me that with the first shot the phones began to ring. One call here, one call there but a measurable increase in the last two weeks. Activity sprang with more on the horizon. It is going take a bit of time to recover but if the last few days are a good indicator an upward trend is in sight. Who knows? Maybe all those in the wings will flood the market with action or, more likely, we will experience a tangible optimism resulting in a much-improved market sooner than later. Of course, if vaccinations are stalled, we are stalled. Please keep us in mind for the sale or rental of your condominium unit.

There have been a number of recent inquires about Margaret Lamberton Real Estate's fee structure for leasing property. The leasing charge, for a one year lease, is equal to the first month's rent including an advertising allowance of $200.00. This fee also includes advice about registration and rent control exemption of the property with D.C.Housing.

Ask how to save your first five years of D.C. real estate taxes. You can also ask about Washington, DC's college tuition credit plan that can save you thousands of dollars each year toward your childrens' higher education with federal funding for DC residents.

Ask about commission credits for buyers & sellers of million dollar properties.

 
Margaret Lamberton 
Contact Info:
Direct Office: 202-210-4215
Email: mslamberton@mindspring.com
 
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Beds:
2
Baths:
2 Full
Sq.Ft.:
867
Status:
Active
MLS#:
DCDC485410
Type:
Other
Subdivision:
Waterfront
Year built:
1965
Last Updated: 1/21/2021 2:10 PM

Bright 2BR/2Bath in Riverside Condominium at SW waterfront. Hardwoods in LR and BRs, tile in kitchen and bathrooms. Galley kitchen with windows and tall cabinets. Large balcony with water view, garage parking space. Riverside provides 24-hour security desk, concierge service, fitness center and outdoor swimming pool. Short walk to Waterfront Metro Station, and the new Wharf project.