Opportunity awaits at 50 North Cove in Burlington! This currently rented duplex offers immediate income potential in a convenient location close to the Burlington Bike Path, Winooski River, Lake Champlain, parks, recreation, shopping, dining, and downtown Burlington. Unit A features 2 bedrooms and 1 full bath, providing a comfortable and functional layout. Unit B offers an especially spacious and versatile floor plan with 2 bedrooms plus 3 additional bonus rooms, giving occupants plenty of options for home offices, guest space, hobbies, storage, or other uses. This unit also includes a living room, dining room, kitchen, mudroom, back deck, and an attached 2-car garage a valuable feature for a Burlington multi-family property. With both units currently rented, this property offers an opportunity for an investor looking to add to their portfolio or a future owner-occupant seeking the flexibility of living in one unit while generating income from the other. Enjoy convenient access to Burlington's waterfront, recreation, bike path, and everyday amenities. A versatile multi-family property with established rental income and plenty of potential in a desirable Burlington location. LA related to Seller.
New North End, located between the Winooski River and the Colchester town line, is a residential and lakeside Burlington neighborhood with a shoreline bike path and pocket parks. The neighborhood’s character concentrates around North Avenue near Plattsburgh Avenue, where corner markets, takeout counters, and everyday errands cluster in a low-key strip. The Burlington Bagel Bakery, The Shopping Bag, and the Ethan Allen Homestead Museum serve as familiar community pillars. Mid-century ranches and split-levels mix with newer infill on leafy blocks. Lake Champlain access shapes daily routines, from beach walks to sunset views. The Burlington Greenway stitches the waterfront to downtown without leaving the water’s edge.
Provided by Walk Score and Local Logic
Offer insights
50 N Cove Rd · $425,000
$447K and above
75% chance or better to win
Why $447K+ is a strong offer
DAYS ON MARKET
3 days
The average home goes pending in 71 days.
SALE-TO-LIST
100.5%
Most homes are selling 1% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Basement with walk-up access
Bulkhead, crawl space and exterior access in basement
Smoke and carbon monoxide detectors in units
Bedrooms
Two 2-bedroom units (Unit 1: 2 bedrooms on level 1; Unit 2: 2 bedrooms)
Bathrooms
Two full bathrooms (one in each unit)
Kitchen
Unit 1: Electric range, refrigerator
Unit 2: Electric range, refrigerator, dishwasher
Laundry & utility
Unit 2: Laundry hookup
Water heater
Heating & cooling
Heating: Propane and oil
No central cooling
Exterior features
Level lot with recreational access and nearby trails/paths
Deck and porch (unit-specific)
Gravel driveway
Views
Home design
Duplex
Existing structure built in 1940
Parking
Detached or on-site parking for 2 vehicles (2-car garage capacity)
Construction
Wood frame construction
Asphalt shingle roof
Utilities
Public water
Public sewer
Electric with circuit breakers
Cable internet available
Gas supplied by LP/bottle
Financial info
Month-to-month unit leases
Total units: 2
Other
Survey status: Unknown
Road frontage on a public maintained road
Flood zone: Yes
Electricity and solar
View estimated energy costs and solar savings for this home
Wonderfully affordable duplex in Burlington’s North Cove neighborhood. This would be for great multi-generational living or an owner-occupied property. Unit A is a cape-style unit with 2 bedrooms plus 2 bonus rooms upstairs, 1 bath, workshop and garage space. There is a sunny kitchen, living room, dining room, den and private deck. Unit B is all on one level with an updated kitchen, dining room with slider, spacious living room, 2 bedrooms and 1 bath. Each unit has their own laundry hookups, parking and there is a large backyard split so each unit has their own yard space. Close to Lake Champlain, bike path and minutes to Burlington parks & beaches, schools, grocery stores, restaurants and shopping. Easy commute to the Beltline and Downtown Burlington. * * Property Sold As-is * * 3D Virtual Tour Available.
PrimeMLS #1
Apr 5, 2016
Price Changed
$185,000
$90/sq ft
Jan 12, 2016
Price Changed
$199,900
$97/sq ft
Nov 6, 2015
Price Changed
$209,900
$102/sq ft
Oct 4, 2015
Price Changed
$224,900
$110/sq ft
PrimeMLS #3034603
Feb 27, 2007
Sold
$185,000
$90/sq ft
Nov 29, 2006
Listed
$197,250
$96/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,492 (−4.8%)
$105,100 + $325,600
$430,700
2024
$6,821 (+8.5%)
$105,100 + $325,600
$430,700
2023
$6,284 (−30.9%)
$105,100 + $325,600
$430,700
2022
$9,099 (−4.0%)
$105,100 + $325,600
$430,700
2021
$9,480 (+41.2%)
$105,100 + $325,600
$430,700
2020
$6,712 (+5.1%)
$120,400 + $97,700
$218,100
2019
$6,384 (+4.1%)
$120,400 + $97,700
$218,100
2018
$6,131 (+5.5%)
$120,400 + $97,700
$218,100
2017
$5,809 (+2.3%)
$120,400 + $97,700
$218,100
2016
$5,676 (+2.1%)
$120,400 + $97,700
$218,100
2015
$5,561 (+1.2%)
$120,400 + $97,700
$218,100
2014
$5,493 (+1,337.9%)
$120,400 + $97,700
$218,100
2011
$382
$120,400 + $97,700
$218,100
Public record
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
0.66 Acres
Year renovated
—
Finished Sq. Ft.
2,052
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,052
Year built
1940
Style
Single Family Residential
County
Chittenden County
APN
11403510060
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 94° expected this year, 15 days in 30 years
2/10 Wind Factor
2% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Burlington, VT • 05408
Average low and high temperatures (°F)
27
15
28
11
44
26
55
37
64
48
77
59
82
64
78
61
73
55
60
45
46
33
32
19
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.7 hours in
June and 2.7 hours in December, placing it below the
U.S. average for solar exposure.
8.7 hrs
2.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 50 N Cove Rd
$424,581
$419 under list price of $425K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $420K to $615K.