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.
Active
Listed by: RE/MAX North Professionals • Darcy Handy
$425,000
50 North Cove Road, Burlington, VT 05408
4beds
2,052sqft
Multi Family
Built in 1940
-- sqft lot
$527,900 Zestimate®
$207/sqft
$-- HOA
What's special
- 1 day
- 382
- 14
Zillow last checked:
Listing updated:
Listed by:
Darcy Handy,
RE/MAX North Professionals 802-655-3333
Source: PrimeMLS,MLS#: 5107191
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Propane, Oil
Cooling
- None
Appliances
- Included: Water Heater
Features
- Basement: Bulkhead,Crawl Space,Exterior Entry,Walk-Up Access
Interior area
- Total structure area: 3,792
- Total interior livable area: 2,052 sqft
- Finished area above ground: 2,052
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Gravel
- Garage spaces: 2
Features
- Levels: One and One Half
- Exterior features: Deck, Natural Shade
- Has view: Yes
Lot
- Size: 0.66 Acres
- Features: Level, Recreational, Trail/Near Trail, Views, Near Paths
Details
- Parcel number: 11403510060
- Zoning description: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame
- Foundation: Block
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable, Propane
Community & HOA
Location
- Region: Burlington
Financial & listing details
- Price per square foot: $207/sqft
- Tax assessed value: $430,700
- Annual tax amount: $10,446
- Date on market: 8/28/2026
Estimated market value
$527,900
$470,000 - $586,000
$2,145/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2026 | Listed for sale | $425,000+97.7%$207/sqft |
Source: | ||
| 8/26/2021 | Sold | $215,000+16.2%$105/sqft |
Source: | ||
| 11/6/2016 | Listing removed | $185,000$90/sqft |
Source: Coldwell Banker Hickok and Boardman #4489602 Report a problem | ||
| 4/6/2016 | Price change | $185,000-7.5%$90/sqft |
Source: Keller Williams - Green Mountain #4448795 Report a problem | ||
| 1/12/2016 | Price change | $199,900-4.8%$97/sqft |
Source: Keller Williams - Green Mountain #4448795 Report a problem | ||
| 11/10/2015 | Price change | $209,900-6.7%$102/sqft |
Source: Keller Williams - Green Mountain #4448795 Report a problem | ||
| 10/5/2015 | Price change | $224,900-4.3%$110/sqft |
Source: Keller Williams - Green Mountain #4448795 Report a problem | ||
| 9/3/2015 | Listed for sale | $234,900+27%$114/sqft |
Source: KW Vermont #4448795 Report a problem | ||
| 3/1/2007 | Sold | $185,000$90/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $430,700 |
| 2023 | -- | $430,700 |
| 2022 | -- | $430,700 |
| 2021 | -- | $430,700 +97.5% |
| 2020 | -- | $218,100 |
| 2019 | -- | $218,100 |
| 2018 | -- | $218,100 |
| 2017 | $5,810 +17.2% | $218,100 |
| 2016 | $4,955 | $218,100 +9900% |
| 2015 | $4,955 | $2,181 |
| 2014 | $4,955 | $2,181 |
| 2013 | $4,955 | $2,181 |
| 2012 | -- | $2,181 |
| 2011 | -- | $2,181 |
| 2010 | -- | $2,181 |
| 2009 | -- | $2,181 -7.3% |
| 2008 | -- | $2,354 |
| 2007 | -- | $2,354 |
| 2006 | -- | $2,354 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 05408
Nearby schools
Schools provided by the listing agent
- High: Burlington High School
- District: Burlington School District
Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



