Worcester, which is commonly referred to by many as the “Heart of the Commonwealth” is the second most populous city in New England with over 185,000 residents. There are over 75,000 housing units and 57% of those are rental properties!!! Being only 40 miles from Boston, Worcester provides great opportunity to get more bang for your buck when comparing your real estate investment options across Boston suburbs. Since the construction of the Worcester Union Station in 2000 the city has seen rapid growth due to the ease of commuting to Boston’s South Station. In a little over an hour you can find yourself in the heart of Boston without having to deal with rush hour traffic. Worcester residents enjoy the added benefit of being the first station on the line ensuring they always have a seat on a normally overcrowded train. Young professionals working in Boston that are looking for larger homes than they could otherwise afford in the city, naturally gravitate to Worcester and its suburbs to start their families. Whether families choose to be west of the city in Leicester, east in Shrewsbury or Grafton, just south in Millbury or Sutton, or prefer picturesque Holden or other locations north of the city, the bedroom communities that surround Worcester provide investors looking to get into the property rental market even more opportunity to work with Nexus Property Management®.
What separates Nexus from the competition is our experience and success working in old mill cities that are prevalent throughout New England. With our original location just down the Blackstone River in Pawtucket, Nexus’ management of over 700 units in and around Rhode Island has been unrivaled over the last 7 years. Fall River, like Worcester and Pawtucket, is another industrial city on the rise and Nexus takes pride in being a part of the revitalization of this historical hub as well. The infrastructure of cities and towns built around factories and mills is very similar throughout the region. While other property managers do their best to avoid urban areas and multi-family homes, Nexus hangs its hat on managing properties that have plenty of room for improvement and growth. By utilizing our in-house maintenance team we are able to add to clients’ assets at far lower rates than industry averages. And in the end, that’s what it’s all about: Our goal is to bolster clients’ real estate portfolios while simultaneously ensuring tenants in the area have high quality places to call home.
Nexus Property Management® is dedicated to connecting our owners and tenants alike to better living. Contact us for more information and take note of our transparency and stellar local reputation. With our professional guidance, Nexus clients and the tenants we place for them will learn firsthand why Nexus Property Management® is one of the fastest growing property managers in Southern and Central New England.