124 Elm ST, Bennington, VT 05201
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124 Elm ST, Bennington, VT 05201
124 Elm ST, Bennington, VT 05201
124 Elm ST, Bennington, VT 05201
124 Elm ST, Bennington, VT 05201
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Lisa Sevajian

Lisa Sevajian

+1(978) 457-3406
Listed by Marek Kovac • TPW Real Estate
$ 950,000
Est. payment /mo
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Price Dropped by $25K

124 Elm ST Bennington, VT 05201

8,888 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,888 sqft

Price per Sqft $106

MLS Listing ID 5072098

Construction Status Existing

Year Built 1890

Annual Tax Amount $17,529

Tax Year 2024

Lot Size 0.470 Acres

Acres 0.47

Property 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.

Location

State VT

County Vt-bennington

Area Vt-Bennington

Zoning MU1

Rooms

Basement Entrance Interior

Basement Basement Stairs, Concrete, Concrete Floor, Exterior Access, Exterior Stairs, Finished, Insulated, Interior Access, Interior Stairs, Locked Storage, Storage Space

Interior

Cooling Individual, Mini Split

Exterior

Utilities Available Cable, Other

Waterfront Description No

View Y/N No

View No

Roof Type Architectural Shingle

Building

Story 3

Sewer Public

Architectural Style Victorian

Construction Status Existing

PrimeMLS

NEARBY SCHOOL & BUSINESS

Lisa Sevajian

Lisa Sevajian

Agent | License ID: 95000355

+1(978) 457-3406

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124 Elm ST

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