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Victorian Apartment Building
For Sale
$950,000

124 Elm Street, Bennington, VT 05201

MULTI_FAMILY - Victorian - Bennington, VT

Property Size8,888 SF
Lot Size0.47 Acres
Price / SF$106.89
Days on Market236

Property Features for 124 Elm Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MU1
Rooms Basement
Parking features On Street, Driveway, Assigned, Open
Lot features Corner, Neighbor Business, Sidewalks, In Town, Near Country Club, Near Golf Course, Near Paths, Near Shopping, Near Skiing, Neighborhood, Near Public Transport, Near Hospital
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.
Standard status Active
Size 8,888 SF
Lot size 0.47 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 17529

Utilities

Heating system Oil, Electric (Heating), Ductless (Heating)
Cooling system Ductless, Zoned
Water source Public

Building Details

Year built 1890
Floors in Building 3
Number of units 15
Building materials Wood Frame, Wood Exterior, Wood Siding, Spray Foam Insulation
Roof type Shingle
Architectural style Victorian
Listing Agency: TPW Real Estate
Listed By: Marek Kovac · License #0820117501
Added: Dec 15, 2025 Changed: Aug 2 Last Checked: Aug 8 at 11:06AM
MLS# 5072098

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Victorian apartment building is currently known as the South Shire Inn and includes nine guest accommodations plus owner’s quarters. The property also features expansive common areas and a detached carriage house with additional guest accommodations. Additional functional improvements include a commercial kitchen and an established Thai restaurant that provides existing rental income.

The building sits on a 0.47-acre lot and totals 8,888 square feet. It is served by public water and has a shingle roof. Construction is wood frame with wood exterior and wood siding, with spray foam insulation.

With MU1 zoning and a flexible layout, the property supports a range of residential and mixed-use possibilities, subject to local approvals.

Key Highlights

  • 0.47‑acre lot
  • 8,888 square feet
  • MU1 zoning

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Electrical Service Parking Lot & Garage Plumbing Service Barber Shop Garden Center Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,243
Businesses Nearby

Demographics for 05201, VT

14,370
Population
6,941
Households
2.1
Avg Household Size
45
Median Age
35%
College-Educated
92%
High-School Grad
99.1 sq mi
ZIP Area
145
Density / Sq Mi
$60,428
Median Household Income
$36,816
Median Earnings
$1,098
Median Rent
$206,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - MU1 zoned apartment building with nine guest accommodations and owner quarters.
Where is this apartment building located?
The property is located at 124 Elm Street Bennington, VT.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 0.47‑acre lot; 8,888 square feet; MU1 zoning
More about this property
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