124 Elm Street Bennington VT Multi Family For Sale $950000

List Price: $950,000 | $149 per sq.ft. Multi Family A 15 Unit Multi Family Home
With 10 One Bedroom Units , 0 - Two Bedroom Units ,0 - Three Bedroom Units
Under Contract Date Listed Monday Dec 15, 2025 | MLS# 5072098

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603-643-3942

Email Star Johnson

Address: 124 Elm Street Bennington VT
Listed by Marek Kovac TPW Real Estate
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.

Annual Expenses

Taxes: $17,529

Income

Roof: Architectural Shingle
Seasonal: No

Additional Information
Easement - Unknown
Taxes $17,529
Assesed Value Not Reported

Schools

5 Old Nugget Alley, Hanover, NH 03755 603-643-3942
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