124 Elm St Bennington, VT 05201
Bennington AreaEstimated payment $6,678/month
Highlights
- Barn
- Property is near golf course, public transit, and shops
- Corner Lot
- Country Club
- Victorian Architecture
- Spray Foam Insulation
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,529
Year Built
- Built in 1890
Lot Details
- 20,473 Sq Ft Lot
- Corner Lot
Home Design
- Victorian Architecture
- Concrete Foundation
- Stone Foundation
- Wood Frame Construction
- Spray Foam Insulation
- Architectural Shingle Roof
- Wood Siding
Interior Spaces
- Property has 3 Levels
Finished Basement
- Interior and Exterior Basement Entry
- Basement Storage
Parking
- Automatic Garage Door Opener
- Stone Driveway
- On-Street Parking
- On-Site Parking
- Assigned Parking
- 1 to 5 Parking Spaces
Location
- Property is near golf course, public transit, and shops
- Property near a hospital
Farming
- Barn
Utilities
- Mini Split Air Conditioners
- Heating System Uses Oil
- Mini Split Heat Pump
- 200+ Amp Service
- Cable TV Available
Community Details
Overview
- 15 Units
Recreation
- Country Club
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $18,065 | $513,500 | $0 | $513,500 |
| 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 |
| 2017 | $14,129 | $513,500 | $0 | $513,500 |
| 2016 | $11,617 | $513,500 | $0 | $513,500 |
| 2015 | -- | $5,135 | $0 | $0 |
| 2014 | -- | $5,135 | $0 | $0 |
| 2013 | -- | $5,135 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/22/2026 05/22/26 | Price Changed | $950,000 | -2.6% | $107 / Sq Ft | |
| 12/29/2025 12/29/25 | Price Changed | $975,000 | -22.0% | $110 / Sq Ft | |
| 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 |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $550,000 | -- | |
| Grant Deed | $575,000 | -- | |
| Grant Deed | $365,000 | -- | |
| Grant Deed | $240,000 | -- |
Source: PrimeMLS
MLS Number: 5072098
APN: (015)50-56-56-00
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