James Steam Mill

Overview

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James Steam Mill offers a unique living experience in the heart of historic Newburyport, Massachusetts. This beautifully renovated mill combines modern living with rich history, providing an incomparable blend of past and present. Originally constructed in 1845, the building has been meticulously restored to preserve its historical significance while incorporating contemporary amenities for comfort and convenience.

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Residents enjoy a range of apartment homes, available in 1- and 2-bedroom configurations, designed to cater to diverse needs and preferences. The property’s location on the waterfront of historic Newburyport ensures that residents have stunning views and easy access to the area’s scenic beauty. With close proximity to downtown, the community benefits from well-lit streets and a neighborhood atmosphere that is both inviting and vibrant.

The James Steam Mill is not just about the apartments; it’s about creating a lifestyle that respects history while embracing the future. Income-restricted options are available, making this an accessible choice for those who qualify. This community stands as a testament to Newburyport’s rich industrial past and its transformation into a sought-after residential area.

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Amenities and Features

Income-restricted property options
1- and 2-Bedroom apartment homes
Waterfront location with historic views
Beautifully renovated mill building
Close proximity to downtown Newburyport
Well-lit neighborhood streets
A blend of historic charm and modern conveniences

Sources

James Steam Mill Location

Address: 1 Charles St, Newburyport, MA 01950

Phone: 978-465-5166

Website: https://shpmanagement.com/property/james-steam-mill/

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About Newburyport, Massachusetts

Newburyport, a city located in the state of Massachusetts (MA), is home to a population of approximately 18,356 people. Newburyport boasts a median age of 46.5, with around 31.6% of its residents aged 60 or above. 5.8% of the population identifies as US Veterans. 9.7% of Newburyport residents are disabled. The city has an average household income of $127,306, while the unemployment rate stands at 5.7%, and around 5.8% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Newburyport is $737,539, with a monthly rent averaging $1,426.

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About Senior Apartments

It's not just about convenience and affordability; it's about creating a fulfilling lifestyle. Senior apartments are constructed, maintained, and updated to accommodate the 55-plus community. Often age-restricted, senior apartments are designed with accessibility in mind. One to two-bedroom units are standard as well as senior-friendly comfort and amenities. Senior apartments are great for retired adults who want to downsize but still have a social life. Apartment living is appealing to those who dislike yard work or home maintenance. It's also a great option for retired travelers who want peace of mind while away from home. Residents save money with lower expenses because they often include utilities and don't require property taxes.

Types of Senior Apartments

Affordable Senior Apartments - Retirees with low income may be eligible for cheap senior living apartments provided by government housing programs. These apartments are cheaper than usual. The eligibility to rent them depends on factors such as income, family size, and the average income in the area. Keep in mind that services or amenities in low-income senior apartments may be more limited.

Market Rate Senior Apartments - Market-rate senior apartments do not have income limits. Pricing is competitive and based on comparable housing options in the surrounding area. These apartments often come with amenities like community dining, housekeeping, and even transportation services.

Luxury Senior Apartments - Luxury apartments are generally larger, offering up to 2,000 square feet of living space, and boast a wide range of upscale amenities and community activities for their residents. Many luxury apartments are situated within gated communities. The cost of living in these apartments can be quite high, with entrance fees alone often reaching six figures.