Wonderful and well-located Paradise Valley duplex and flex-use property with mountain views. Turn-key investment property or business location that has been used as an art studio, research facility, or recreation outpost. No covenants. Situated close to Livingston on East River Road between Pine Creek and Emigrant in an area known for both iconic businesses and luxury homesteads. Great access to Livingston, Crazy mountains, Absaroka-Beartooth wilderness area, Gardiner, Chico Hot Springs, Sage Lodge, and Yellowstone National Park. Two unit dwelling with 2 car garage, 2 sheds, a greenhouse and a separate pad site used previously for another residence. Two separate private wells, one recently added to the property, provide ample water. The garage features a recently-added full bathroom for convenience and/or shared use. Excellent rental income, consistent 5-star ratings among Airbnb renters. Major remodel completed in 2023. The large unit (1700 SF) features great natural light, a vaulted ceiling, open design with features like a Vermont Casting stove, skylights, and oversized picture windows. Smaller unit (600 SF) has an open floor plan and full bathroom. Units are fully outfitted as rental units.Buyer could possibly add a dwelling as residence or another rental unit on the pad site where log cabin is located. Log cabin to be removed prior to close of escrow. The property is adjacent to a very well known wedding venue, making it particularly well-suited for a rental property. Plenty of room for expansion and for multiple uses.Buyer to verify all details. Call for a showing!