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For sale
  • C$519,999

    238 King St #236, Charlottetown, PE C1A 1C3

    4beds
    --baths
    --sqft
    Triplex
    Built in 1925
    -- sqft lot
    $-- Zestimate®
    C$--/sqft
    C$-- HOA

    What's special

    This well-maintained 3-unit apartment building is located in a highly desirable area of King Street in Charlottetown, offering an exceptional investment opportunity. With easy access to the waterfront and all downtown amenities within walking distance, it’s also just a short stroll to Holland College, ensuring strong rental demand and full occupancy potential for years to come. The property is generating a great income and is heated with all-electric systems, keeping operating expenses low and management simple for future owners. Over the years, the building has seen numerous updates, enhancing both it functionality and appeal. Surrounded by the Charlottetown Marina, shopping centres, local restaurants, coffee shops, and more, this property sits in a vibrant and convenient location that’s attractive to tenants and investors alike.
    92 days
    on Zillow
    |
    35
    |
    1
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 09, 2025 at 08:36am

    Listed by:

    Patrick Macguigan,PEI - Sales,

    RED- ISLE REALTY INC.

    Source: Prince Edward Island REA,MLS®#: 202510469MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    Heating
    • Fireplace(s), Ductless, Other Heating/Cooling
    Cooling
    • Other Heating/Cooling
    Appliances
    • Included: Stove, Dishwasher, Dryer, Washer, Refrigerator
    • Laundry: Common Area
    Features
    • Flooring: Hardwood, Tile
    • Basement: Unfinished
    • Has fireplace: Yes
    • Fireplace features: Fireplace(s)

    Property

    Parking
    • Parking features: None, No Garage
    • Details: Parking Details(On Street Residential Parking Available, Current Tenants Do Not Pay For Parking)
    Features
    • Patio & porch: Deck
    • Exterior features: Balcony
    Lot
    • Size: 2,613.6 Square Feet
    • Dimensions: 0.06
    • Features: Under 0.5 Acres
    Details
    • Parcel number: 336412
    • Zoning: DN

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Wood Siding, Other
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • Year built: 1925

    Utilities & green energy

    • Sewer: Municipal
    • Water: Municipal
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Features: Park, Playground, Near Public Transport
    Location
    • Region: Charlottetown

    Financial & listing details

    • Tax assessed value: C$209,200
    • Annual tax amount: C$3,976
    • Date on market: 5/9/2025
    • Inclusions: 3 Fridges, 3 Stoves, 3 Dishwashers, 3 Washers, 3 Dryers
    • Total actual rent: 48600
    • Income includes: Rent Only
    • Electric utility on property: Yes
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