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[1] Homeowners will typically rent out basement apartments to tenants as a way to earn additional income so as to offset living expenses. Owning a home with a basement apartment can be an investment. Tenants will provide income to the home owner, reducing expenses, and equity will grow as the value of the property increases. [2]
A studio apartment, or studio condo [1] also known as a studio flat (), self-contained apartment (), efficiency apartment, bed-sitter (), or bachelor apartment, is a small dwelling in which the normal functions of a number of rooms – often the living room, bedroom, and kitchen – are combined into a single room.
1BR is a 2019 American horror thriller film written and directed by David Marmor, in his directorial debut. [1] The title is an abbreviation of "one bedroom", commonly seen in real estate listings. The film premiered at Fantasia International Film Festival in July 2019, and was released in the United States in 2020.
Single-room occupancy (SRO) is a type of low-cost housing typically aimed at residents with low or minimal incomes, or single adults who like a minimalist lifestyle, who rent small, furnished single rooms with a bed, chair, and sometimes a small desk. [1]
Mother-in-law apartment: small apartment either at the back, in the basement, or on an upper level subdivision of the main house, usually with a separate entrance (also known as a "Granny flat" in the UK, Australia New Zealand and South Africa). If it is a separate structure from the main house, it is called a 'granny cottage' or a 'doddy house'.
That is about $200 per student, making life more affordable than rents on one-bedroom and two-bedrooms apartments in the area that can fetch $600 or more per month.
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