3D tour
$950,000
8,888 sqft · 20,473 sqft lot
124 Elm St, Bennington, VT 05201
Multi-family · Built 1890 · $107/sqft ·
$6,290/mo est. payment
- Stories
- 3
About this home
A rare opportunity to acquire one of Southern Vermont's most adaptable residential investment properties. Currently known as the South Shire Inn, this landmark Victorian estate offers investors immediate income potential along with exceptional opportunities for future residential or mixed-use redevelopment. The property includes nine guest accommodations, owner's quarters, expansive common areas, a detached carriage house with additional guest accommodations, a commercial kitchen, and an established Thai restaurant providing existing rental income. Its flexible floor plan and MU1 zoning support a variety of permitted residential and mixed-use possibilities, including multifamily conversion, long-term or short-term rentals, workforce housing, owner occupancy, senior living, residential care, and other redevelopment opportunities, subject to local approvals. Originally built in 1887 by renowned architect William C. Bull, the property has been thoughtfully restored while preserving its architectural character. Located within walking distance of downtown Bennington's shops, restaurants, and cultural attractions, it offers investors a distinctive asset with exceptional long-term flexibility and redevelopment potential. Seller financing and lease-to-own opportunities may be available for qualified buyers.
Facts and features
Heating and Cooling
- Cooling Features: Individual, Mini Split
- Heating Features: Oil, Electric, Mini Split, Boiler
Other Rooms
- Basement Description: Concrete,Concrete Floor,Finished,Insulated,Exterior Stairs,Interior Stairs,Locked Storage,Storage Space,Interior Access,Exterior Access,Basement Stairs
Exterior and Lot Features
- Frontage Length: 100
- Road Frontage Type: Paved, Public, Public Maintained Road
Land Info
- Lot Description: Corner, Neighbor Business, Sidewalks, In Town, Near Country Club, Near Golf Course, Near Paths, Near Shopping, Near Skiing, Neighborhood, Near Public Transport, Near Hospital
- Lot Size Acres: 0.47
- Lot Size Square Feet: 20473
Garage and Parking
- Driveway: Crushed Stone
- Parking Features: Auto Open, Barn, Assigned, Driveway, On-Site, On Street, Parking Spaces 1 - 10
Multi-Unit Info
- Number of Units: 15
Other Property Info
- Annual Tax Amount: 17529
- Source Listing Status: Active Under Contract
- County: VT-Bennington
- Directions: From Downtown Bennington: Head north on Main St (VT-9), left on North St (US-7), go 1 mile, then right on Elm St. Drive 0.3 miles-124 Elm is on the left. From Albany: Take NY-7 E, merge onto VT-279 E, exit onto US-7 S into Bennington, then left on Elm St. Drive 0.3 miles to the property.
- Tax Year: 2024
- Source Property Type: Multi-Family
- Zoning: MU1
- Property Subtype: Multi-Family
Building and Construction
- Total Square Feet Living: 8888
- Year Built: 1890
- Above Grade Finished Area: 6388
- Below Grade Finished Area: 2500
- Below Grade Unfinished Area: 360
- Construction Materials: Wood Frame, Wood Exterior, Wood Siding, Spray Foam Insulation
- Foundation Details: Stone
- Property Age: 136
Schools
- 1
Bennington Elementary School
elementary · K-5 · 0.4 mi
- 5
Mt. Anthony Senior Uhsd #14
high · 9-12 · 0.8 mi
- 3
Mt. Anthony Union Middle School
middle · 6-8 · 2.1 mi
Bennington Regional Day Program
elementary · 3-5 · 0.4 mi
The School Of Sacred Heart St Francis De Sales
elementary · K-8 · 0.5 mi
Southwest Tech
high · 9-12 · 0.8 mi
Price history
- May 22, 2026 · Price Changed$950,000
- Dec 29, 2025 · Price Changed$975,000
- Dec 16, 2025 · Listed$1,250,000
- Jun 10, 2021 · Sold$550,000
- Sep 15, 2020 · Listed$575,000
- Feb 8, 1999 · Sold$695,000
- Feb 15, 1989 · Sold$422,500
- Jun 29, 1987 · Sold$240,000
Tax history
- 2025$9,802 tax · $513,500 assessed
- 2024$9,666 tax · $513,500 assessed
- 2022$13,083 tax · $513,500 assessed
- 2021$9,118 tax · $513,500 assessed
- 2020$12,601 tax · $513,500 assessed
- 2019$12,093 tax · $513,500 assessed
- 2018$11,879 tax · $513,500 assessed
- 2017$11,740 tax · $513,500 assessed
Home value
$771,088
- Quantarium$771,088
Where it is
Listed by Marek Kovac · TPW Real Estate · PrimeMLS