Good neighborhoods to invest in Worcester.

Investor-friendly agents in Worcester, MA

See the agents BiggerPockets members work with in Worcester, MA.

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Brian J Allen
Real Estate Agent · Worcester, MA · Member since 2018 · 523 posts · 411 votes
4y

For all on this forum, Keep in mind that as a licensed real estate agent it is not allowed to tell people what neighborhoods are good or bad. It is also illegal to categorize one neighborhood as containing a certain type of people. We are only allowed to point out geographical positives and negatives.  Hills, small lots, lack of parking, traffic choke points if you are trying to get to one location from another, and similar attributes.  That being said, the closer you are to job centers the better your prospects for renting are.  Traffic and hills are the biggest determiners of what a good location is.  Find a local real estate agent and go for a ride for a couple hours and have them show you how traffic works in the city and where the jobs are along with the major bus routes.  Once you see this, you will understand the city.  LOCAL is the key.

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  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    4y

    @Tenzin Kunchok

    Next to colleges like wpi, assumption or clark.

    7e investments53 Reviews
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  • Andrew FreedBusiness Member
    Investor · Worcester, MA · Member since 2020 · 1k+ posts · 1k+ votes
    4y

    @Account Closed - The Burncoat area north of Worcester is a very nice family oriented neighborhood. Also, greenhill parkway is near a lot of the biotech and hospital jobs so you get a lot of white collar professionals. Grafton Hill / Vernon hill are near the Mass Pike resulting in a lot of commuters who work closer to Boston. Overall, most neighborhoods in Worcester are pretty solid. The one neighborhood I am hesitant about is South Main if its not close to a university. South Main definitely has potential in 3-5 years because its close to the WooSox stadium and they are putting up 3,800 new units around Kelly Square, mostly luxury hence it is on the path of progress however I believe it will be a good 3-5 years before you see the potential. It's a little rough right now. 

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  • Brian J Allen
    Real Estate Agent · Worcester, MA · Member since 2018 · 523 posts · 411 votes
    4y

    For all on this forum, Keep in mind that as a licensed real estate agent it is not allowed to tell people what neighborhoods are good or bad. It is also illegal to categorize one neighborhood as containing a certain type of people. We are only allowed to point out geographical positives and negatives.  Hills, small lots, lack of parking, traffic choke points if you are trying to get to one location from another, and similar attributes.  That being said, the closer you are to job centers the better your prospects for renting are.  Traffic and hills are the biggest determiners of what a good location is.  Find a local real estate agent and go for a ride for a couple hours and have them show you how traffic works in the city and where the jobs are along with the major bus routes.  Once you see this, you will understand the city.  LOCAL is the key.

    6Reply
  • Armando MontrondPro Member
    Member since 2022 · 26 posts · 18 votes
    4y

    I invested in Worcester recently and honestly every where I look around the city seems like good options. I am in the Quinsigamond area right around the corner from Holy Cross, and all the major highways are right near me. I would say Burncoat/Tatnuck area is where you will find more of your higher end single family homes if thats what youre looking. If you're looking for Multi Family, honestly like others have said being near one of the colleges is a good idea (theres 9 of them), Shrewsburry street is where you will find more of the restaurants and bars and its close to downtown. Like Brian said, find an agent and go for a ride around and learn about the area. Worcester is going through a major revitalization its been pretty awesome to see. 

    3Reply
  • Account Closed
    OP
    Member since 2020 · 3 posts · 0 votes
    4y
    Quote from @Andrew Freed:

    Hey thanks for the advice! I'll look into those areas. I have a 3 family that's 3 blocks away from Water street and walkable distance to polar park area is kind of rough but I hope it gets better over time. I was hoping to invest in different neighborhood too so your suggestions helps alot!!

    0Reply
  • Account Closed
    OP
    Member since 2020 · 3 posts · 0 votes
    4y
    Quote from @Armando Montrond:

    I invested in Worcester recently and honestly every where I look around the city seems like good options. I am in the Quinsigamond area right around the corner from Holy Cross, and all the major highways are right near me. I would say Burncoat/Tatnuck area is where you will find more of your higher end single family homes if thats what youre looking. If you're looking for Multi Family, honestly like others have said being near one of the colleges is a good idea (theres 9 of them), Shrewsburry street is where you will find more of the restaurants and bars and its close to downtown. Like Brian said, find an agent and go for a ride around and learn about the area. Worcester is going through a major revitalization its been pretty awesome to see. 


     Hey thanks for the advice! I'll look into those areas. I have a 3 family that's 3 blocks away from Water street and walkable distance to polar park area is kind of rough but I hope it gets better over time. I was hoping to invest in different neighborhood too so your suggestions helps alot!!

    0Reply
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