CPX is pleased to present 7 W Dravus St, an investment offering with strong in-place income and further upside through a variety of value-add and exit strategies. The five-unit asset has a unique unit mix and is located in the sought-after North Queen Anne submarket. The offering consists of two structures built in 1924 and 1999: a single-family house and a fourplex. The property is operating at a true 5% cap rate on in-place income with upside through light renovation. In addition to conventional value-add strategies, there is an opportunity to subdivide the property and separate the two assets(Buyer to verify). This allows a potential buyer to renovate and then sell the single-family home, thus reducing their basis and increasing returns.