Brockton vs Worcester MA

[Chris Michel]

I am currently in the market looking to purchase a triplex and need some help. Can someone help me identify the pros and cons of Brockton vs Worcester? 

1. What is the potential growth of both of them?
2. Upcoming developments?
3. Resources to look up to compare the two against each other.
4. Brockton vs Worcester market?
5. Which area has the most potential to cash flow?
6. Why pick one over the other?

I am trying to examine these two locations from an investor stand point, I apologize if this is a silly question. Help me learn rather than bash me.

[Brian J Allen]

The Worcester market has experienced a very big jump in multi family pricing for properties that don't need rehab. Some properties of note, 27 Shamrock is selling for $520k CASH in the next couple of days. 3024 SF so $172 per SF, There are also another 5 that may break the $500k barrier as well in the next month. 132 June st, 15 Breck, 21 King, 73 Merrifield, and 166 Fremont. These are solid places in good condition and they will likely all be around 8CAP. There was an open house this weekend at 14 Tatman St, where there were over 100 people there (buyers + agents) to see a place priced at $280k for 2310 SF which would be $121 SF, I believe it will sell for $335k or more for $145 SF. with the existing rents this would be a 5.6 CAP, if rents were market at a little over $1000 per unit, it would be a 7.7 CAP.