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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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124 Elm St , Bennington, VT 05201
$950,000
Est. Payment: $2,111.11/mo
0 Bed
0 Bath
8888 Sqft
Status: Active Under Contract | Days on site: 228
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1862 - 615658,615654
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House 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.

Highlights

Listed by Marek Kovac , 802-366-1430 and Paul William Carroccio , 802-366-1430 TPW Real Estate , 802-366-1430.

Property Type

Multi-Family

Lot/Acreage
0.47

Year Built

1890

County

Bennington

Listing ID

5072098

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Individual,Mini Split
Fireplaces:
Above Ground Sq Ft:6388
Basement:Yes,Concrete,Concrete Floor,Finished,Insulated,Exterior Stairs,Interior Stairs,Locked Storage,Storage Space,Interior Access,Exterior Access,Basement Stairs

Exterior Features

Lot:Existing
Zoning:MU1
Roof:Architectural Shingle
Sewer:Public
Parking Features:Auto Open,Barn,Assigned,Driveway,On-Site,On Street,Parking Spaces 1 - 10
Principal Interest
$2,111
Taxes
$1,461

Home Price

$950,000

Loan Details

30 yrs
%

Down Payment

20%
$190,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,111.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,111.11 $1,460.75 $0.00 $3,571.86
Yearly $25,333.33 $17,529.00 $0.00 $42,862.33
Total $760,000.00 $525,870.00 $0.00 $1,285,870.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Bennington, VT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.