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  • Listed by: TPW Real Estate • Marek Kovac
    Price cut: $25K (5/22)
    $950,000

    124 Elm Street, Bennington, VT 05201

    --beds
    --baths
    8,888sqft
    : 
    $7,547/mo
    Get pre-qualified
    Multi Family
    Built in 1890
    -- sqft lot
    $919,000 Zestimate®
    $107/sqft
    $-- HOA

    What's special

    Landmark victorian estateCommercial kitchenNine guest accommodationsExpansive common areas
    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.
    224 days
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    308
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    14
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    Zillow last checked:

    Listing updated:

    Listed by:

    Marek Kovac,

    TPW Real Estate 802-366-1430,

    Paul William Carroccio,

    TPW Real Estate

    Source: PrimeMLS,MLS#: 5072098MLS Logo

      Facts & features

      Interior

      Heating
      • Oil, Electric, Mini Split
      Cooling
      • Individual, Mini Split
      Features
      • Basement: Concrete,Concrete Floor,Finished,Insulated,Exterior Stairs,Interior Stairs,Locked Storage,Storage Space,Interior Access,Exterior Entry,Basement Stairs,Interior Entry
      Interior area
      • Total structure area: 9,248
      • Total interior livable area: 8,888 sqft
      • Finished area above ground: 6,388
      • Finished area below ground: 2,500

      Property

      Parking
      • Parking features: Crushed Stone, Auto Open, Barn, Assigned, Driveway, On Site, On Street, Parking Spaces 1 - 10
      • Has uncovered spaces: Yes
      Features
      • Levels: 3
      • Frontage length: Road frontage: 100
      Lot
      • Size: 0.47 Acres
      • Features: Corner Lot, Neighbor Business, Sidewalks, In Town, Near Country Club, Near Golf Course, Near Paths, Near Shopping, Near Skiing, Neighborhood, Near Hospital
      Details
      • Parcel number: 5101567446
      • Zoning description: MU1

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Victorian
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Wood Exterior, Wood Siding, Spray Foam Insulation
      • Foundation: Stone
      • Roof: Architectural Shingle
      Condition
      • New construction: No
      • Year built: 1890

      Utilities & green energy

      • Electric: 200+ Amp Service
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable, Other, Fiber Optic Internt Avail

      Community & HOA

      Location
      • Region: Bennington

      Financial & listing details

      • Price per square foot: $107/sqft
      • Tax assessed value: $513,500
      • Annual tax amount: $17,529
      • Date on market: 12/16/2025
      • Road surface type: Paved

        Estimated market value

        $919,000

        $873,000 - $965,000

        $1,819/mo

        Price history

        DateEventPrice
        5/22/2026Price change$950,000-2.6%$107/sqft
        Source: PrimeMLS #5072098 Report a problem
        12/29/2025Price change$975,000-22%$110/sqft
        Source: PrimeMLS #5072098 Report a problem
        12/16/2025Listed for sale$1,250,000+127.3%$141/sqft
        Source: PrimeMLS #5072098 Report a problem
        6/10/2021Sold$550,000-4.3%$62/sqft
        Source: PrimeMLS #4828766 Report a problem
        2/20/2021Pending sale$575,000$65/sqft
        Source: Keller Williams Realty Green Mountain Properties #4828766 Report a problem
        2/19/2021Contingent$575,000$65/sqft
        Source: PrimeMLS #4828766 Report a problem
        9/15/2020Listed for sale$575,000$65/sqft
        Source: KW Vermont - Brenda Jones Real Estate Group #4828766 Report a problem
        2/8/1999Sold$575,000+57.5%$65/sqft
        Source: Public Record Report a problem
        2/15/1989Sold$365,000+52.1%$41/sqft
        Source: Public Record Report a problem
        6/29/1987Sold$240,000$27/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024-- $513,500
        2023-- $513,500
        2022-- $513,500
        2021-- $513,500
        2020-- $513,500
        2019-- $513,500
        2018-- $513,500
        2017-- $513,500
        2016-- $513,500 +9900%
        2015-- $5,135
        2014-- $5,135
        2012-- $5,135
        2011-- $5,135
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 05201

        Getting around

        73 / 100
        Very Walkable
        43 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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