Advantages of Staying Lowell Apartments

Advantages of Staying Lowell Apartments

Advantages of Staying Lowell Apartments

To artists, art is their life. It is the reason for their being and the reason why they persevere in their craft. And it is also the reason why they are broke most of the time unless they have sponsors to back them up with their projects. It's not easy and it is the very reason why they end up homeless. However, this doesn't always have to be the case if they choose to live in one of the many Lowell apartments.

First and foremost, living in Lowell apartments is cheap. Unlike other apartments in big cities, the apartments in Lowell are surprisingly affordable for those whose income is within 30% median income at its minimum. For instance, a resident with an income of $20,000 may be able to get a one person apartment that costs $421 per month while person whose income is $30,000 may be granted a two-bedroom apartment that costs $506 per month. So, the amount to be paid for rent will depend on the income of the person who is going to apply for a lease.

Secondly, apartments like the Appleton Mills help market its residents' artworks. As part of their service, some of the apartments in town provide spaces for artists to display their works of art. Exhibits are even held within these apartments from time to time not only to showcase the different talent of their resident artists but help them advertise their work. As a result, some artists get sponsors and buyers for their art pieces thereby earning them their keep.

Lastly, it gives its residents the chance to earn an extra income. Besides providing available space for artists to showcase their art pieces, some of these apartments also allow their residents to make additional profits from leasing the other apartments they purchased after obtaining an income of more than 140% the current income limit. And because this is counted as an extra income, the government will add this to their annual income with a rate of 2% the value of their property. So, the tenants get to own their properties as well as earn from them.

In a nutshell, Lowell apartments are a great accommodation for artists. They are affordable and they help their tenants earn extra money which they can use to help pay for their rent. These are definitely artists' home like no other as they fit perfectly with their choice of lifestyle.

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