$1,250,000

124 Elm St Bennington, VT 05201

Estimated payment $8,037/month

Total Views 280
-- Bed
-- Bath
8,888 Sq Ft
$141 Price per Sq Ft

Highlights

  • Barn
  • Corner Lot
  • Mini Split Air Conditioners
  • Victorian Architecture
  • Wood Siding

About This Home

An exceptional opportunity to own a prominent historic Victorian property currently configured for income production in the heart of Bennington. Built in 1887 by renowned architect William C. Bull, this meticulously restored property offers flexible use and strong upside potential as a multifamily or mixed-use investment. The main building features multiple well-appointed residential-style suites, many with fireplaces, along with generous common areas that lend themselves well to apartment or extended-stay configurations. A separate on-site restaurant space is leased to a successful Thai restaurant providing additional income stream. Recent zoning approvals allow for a variety of residential and mixed-use options, including multifamily conversion, restaurant, bar/lounge, and catering uses. The property is well maintained with updated systems and a proven operating history, offering buyers the ability to reposition, convert, or continue income operations. Located within the Village of Bennington, just blocks from downtown shops, dining, and cultural attractions, and convenient to Manchester, Williamstown, and the Berkshires. This offering is cross-listed with commercial MLS to reflect its flexibility, income potential, and redevelopment opportunities.

Listing Agent

Marek Kovac

TPW Real Estate License #082.0117501 Listed on: 12/16/2025

Co-Listing Agent

Paul Carroccio

TPW Real Estate License #081.0134187

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,529

Year Built

  • Built in 1890

Lot Details

  • 0.47 Acre Lot
  • Corner Lot

Home Design

  • Victorian Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • Property has 3 Levels
  • Finished Basement
  • Interior Basement Entry

Parking

  • Automatic Garage Door Opener
  • Stone Driveway
  • On-Street Parking
  • On-Site Parking
  • Assigned Parking
  • 1 to 5 Parking Spaces

Farming

  • Barn

Utilities

  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • Cable TV Available

Community Details

  • 15 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,529

Year Built

Built in 1890

Lot Details

0

Listing Details

  • 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.
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1890
  • Display On Internet: Fiber Optic Internt Avail,High Speed Intrnt Avail,Cable Internet
  • Architectural Style: Victorian
  • ResoLotFeatures: 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
  • Road Frontage Type: Paved, Public, Public Maintained Road
  • Co List Office Mls Id: 2683-2
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 6388.0
  • Unit Levels: 3
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Water_View: No
  • Basement_Access_Type: Interior
  • Separate_Utilities: No
  • Above_Grade_Unfinished_Area_Source: Public Records
  • Below_Grade_Unfinished_Area_Source: Public Records
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Concrete, Concrete Floor, Finished, Insulated, Exterior Stairs, Interior Stairs, Locked Storage, Storage Space, Interior Entry, Exterior Entry, Basement Stairs
  • Basement YN: Yes
  • Below Grade Sq Ft: 2500.0

Exterior Features

  • Driveway: Crushed Stone
  • Roof: Architectural Shingle
  • Easements: Unknown
  • Construction Type: Wood Frame, Wood Exterior, Wood Siding, Spray Foam Insulation
  • Foundation Details: Stone

Garage/Parking

  • Attached Garage: No
  • Parking Features: Auto Open, Barn, Assigned, Driveway, On Site, On Street, Parking Spaces 1 - 10

Utilities

  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Heating: Oil, Electric, Mini Split
  • Cooling: Individual, Mini Split
  • Utilities: Cable, Other
  • Water Source: Public

Lot Info

  • Surveyed: Unknown
  • Zoning: MU1
  • Lot Size Acres: 0.47
  • Lot Size Sq Ft: 20473.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 17529.0

Multi Family

  • Number Of Units Total: 15

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $18,065 $513,500 $0 $513,500
2023 $16,822 $513,500 $0 $513,500
2022 $13,084 $513,500 $0 $513,500
2021 $9,118 $513,500 $0 $513,500
2020 $12,602 $513,500 $0 $513,500
2019 $12,094 $513,500 $0 $513,500
2018 $11,879 $513,500 $0 $513,500
2016 $11,617 $513,500 $0 $513,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2025 12/16/25 For Sale $1,250,000 +127.3% $141 / Sq Ft
06/10/2021 06/10/21 Sold $550,000 -4.3% $86 / Sq Ft View Prior Sale
02/19/2021 02/19/21 Pending -- -- --
09/15/2020 09/15/20 For Sale $575,000 -- $90 / Sq Ft
Source: PrimeMLS

Source: PrimeMLS

MLS Number: 5072098

PrimeMLS

APN: (015)50-56-56-00