8031 Chapman Road
Alden, MI 49612
- – beds
- – baths
- 1,770 sqft
- ~2 acre lot
- $240 per sqft
- – on site
Versatile and income-producing, this unique property offers two rental units plus a large storage facility—all just ¾ mile from Torch Lake public access and 2.5 miles from downtown Alden. The single-story building features a 3,720 sq. ft. storage space at its center, capable of housing 16-18 vehicles, boats, or trailers. On either end of the building are two separate living units: North Unit (Owner-Occupied): 2 beds, 1 bath, attached one-car garage South Unit (Tenant-Occupied): 1 bed, 1 bath, updated kitchen, hardwood floors, gas fireplace, washer/dryer hookups, and a back deck. Each unit has its own septic system, propane tank, and separate utilities, with a shared well serving both. The property also features a newer metal roof for added durability. Whether you're looking for a primary residence with rental income, an investment property, or a storage business opportunity, this location offers flexibility in one of Northern Michigan’s most desirable areas.
Last checked:
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Last updated Apr 5, 2025
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MLS# 1931364 —
This property is listed in more than one place. See it here, and here, and here.
The Building
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Year Built:1988
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Construction:Frame
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Style:Ranch, 1 Story
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Roof:Asphalt, Metal
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Foundation:Crawl Space
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Exterior Finish:Vinyl Siding
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Exterior Features:Deck, Sidewalk, Countryside View, Landscaped
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Univs Design/Barrier Free:None
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Eco Features:no
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SqFt:1770
Interior
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Interior Features:Mud Room, Workshop, Other
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Fireplace and Stoves:Fireplace, Gas
Financial & Terms
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Terms:Conventional Mortgage, Cash
Location
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Latitude:44.917012
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Longitude:-85.271838
The Property
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Principal Residence:yes
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Property Type:Duplex (Side x Side), Other
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Lot Dimensions:193x422
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Acres:1.87
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Zoning:Residential
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Additional Buildings:None
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Deeded Waterfront:no
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Water Features:None
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Road:Public Maintained, Blacktop
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Mineral Rights:Unknown
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Price Per SqFt:240.06
Listing Agent
- Contact info:
- Agent phone:
- Office phone:
- (231) 941-4500
Taxes
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Tax ID:05-08-015-011-00
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Summer Taxes:$1,795
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Winter Taxes:$785
The Listing
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Virtual Tour URL 1:https://vimeo.com/1063657971?share=copy
Heating & Cooling
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Heating & Cooling:Propane Gas
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Heating & Cooling:Baseboard, Wall
Utilities
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Water:Shared Well
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Sewer:Private Septic
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TV/Internet:Unknown
Appliances
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Appliances:Refrigerator, Oven/Range, Washer, Dryer, Ceiling Fan
Schools
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School District:Mancelona Public Schools
The Community
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Subdivision:MI
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Development Amenities:None
Parking
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Primary Garage:Attached, Door Opener, Concrete Floors
Extra Units
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Total # of Units:2
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Unit A Baths:1
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Unit B Bedrooms:1
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Unit B Baths:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/11/25
Mar 11, 2025
|
Listed / Active | NGLRMLS | $424,900 | |
|
11/27/24
Nov 27, 2024
|
Listed / Active | REALCOMP | ||
|
9/7/24
Sep 7, 2024
|
Price Changed | NGLRMLS |
