Looking for a FLEXIBLE LIVING ARRANGEMENT or a MULTI-GENERATIONAL HOME? This unique ONE-LEVEL DUPLEX on a .7-ACRE WOODED LOT in SHERIDAN, just steps from PIRATE'S CAY INDOOR WATERPARK, offers the perfect opportunity to LIVE IN ONE UNIT AND RENT THE OTHER or CONVERT IT INTO A SINGLE-FAMILY HOME. Each side features 2 BEDROOMS, 1 FULL BATH, a SPACIOUS LIVING ROOM, KITCHEN, and LAUNDRY HOOKUP, plus SEPARATE UTILITIES including electric, heat, hot water heaters. The BACK UNIT WAS FULLY REMODELED IN 2021 and is rented at $850/MONTH, with the lease ending DECEMBER 1ST, while the FRONT UNIT IS IN GREAT CONDITION currently rented on a MONTH-TO-MONTH BASIS at $750/MONTH to a LONG-TERM TENANT. Major improvements include a NEW ROOF, SIDING, and GUTTERS, all completed in 2021. Whether you're looking to Reduce your monthly costs with rental income, create a COMFORTABLE SPACE FOR EXTENDED FAMILY, or reimagine the space into your DREAM SINGLE-FAMILY HOME, this property offers unbeatable FLEXIBILITY, SPACE, and LOCATION. Surrounded by YEAR-ROUND OUTDOOR RECREATION, it's a rare opportunity to enjoy SMALL-TOWN CHARM and INVESTMENT POTENTIAL in one incredible package.