124 Elm Street,Bennington, VT 05201
Bennington, VT 05201
Description
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.
Details
| MLS # | 5072098 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | (31) Under Contract - Active Under Contract |
| Year | 1890 |
| Days On Site | 294 |
| Listing Provided By | TPW Real Estate | Marek Kovac |
Features
| Basement | Y |
|---|---|
| Story(s) | 3 |
| Units | 15 |
| Zoning | MU1 |
| Acreage | 0.47 |
Interior
| Rooms Total | 0 |
|---|---|
| Cooling | Individual, Mini Split |
| Heating | Oil, Electric, Mini Split, Boiler |
Exterior
| Roof | Architectural Shingle |
|---|---|
| Construction Materials | Wood Frame, Wood Exterior, Wood Siding, Spray Foam Insulation |
| Foundation Details | Stone |
| Lot Features | Corner Lot, Neighbor Business, Sidewalks, In Town, Near Country Club, Near Golf Course, Near Paths, Near Shopping, Near Skiing, Neighborhood, Near Public Transit, Near Hospital |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Auto Open, Barn, Assigned, Driveway, On Site, On Street, Parking Spaces 1 - 10 |
Utilities
| Utilities | Cable, Other |
|---|---|
| Electric | 200+ Amp Service |
| Sewer | Public Sewer |
Taxes
| Tax Annual Amount | 17529 |
|---|---|
| Tax Year | 2024 |
Area Information
| State | VT |
|---|---|
| County | Bennington |
| City | Bennington |
| Zip Code | 05201 |
| Area | VT Bennington |
| Listing VS Median (in 05201) | |
Price: $950,000 low | high Med: $96,906 On site: 294 low | high Med: 454 | |
Market Activity 05201
Request a showing
Request a showing
_20230518140439.png){kind=small}
Copyright 2026 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Contact
Learn More About This Property
| State | VT |
|---|---|
| County | Bennington |
| City | Bennington |
| Zip Code | 05201 |
| Area | VT Bennington |
| Listing VS Median (in 05201) | |
Price: $950,000 low | high Med: $96,906 On site: 294 low | high Med: 454 | |