Estimated payment $2,470/month
Highlights
- Countryside Views
- Ranch Style House
- Workshop
- Deck
- Mud Room
- Attached Garage
About This Home
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.
Listing Agent
REMAX Bayshore - W Bay Shore Dr TC License #6501461967 Listed on: 03/11/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,580
Year Built
- Built in 1988
Lot Details
- 1.87 Acre Lot
- Lot Dimensions are 193x422
- Landscaped
- The community has rules related to zoning restrictions
Home Design
- Duplex
- Ranch Style House
- Frame Construction
- Asphalt Roof
- Metal Roof
- Vinyl Siding
Interior Spaces
- 1,770 Sq Ft Home
- Ceiling Fan
- Gas Fireplace
- Mud Room
- Workshop
- Countryside Views
- Crawl Space
- Oven or Range
Laundry
- Dryer
- Washer
Parking
- Attached Garage
- Garage Door Opener
Outdoor Features
- Deck
Utilities
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
- Heating System Mounted To A Wall or Window
- Propane
- Shared Well
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $18 | $125,700 | $0 | $0 |
| 2023 | $1,733 | $125,000 | $0 | $0 |
| 2022 | $2,272 | $78,000 | $0 | $0 |
| 2021 | $1,980 | $72,500 | $0 | $0 |
| 2020 | $1,953 | $71,500 | $0 | $0 |
| 2019 | $1,932 | $69,300 | $0 | $0 |
| 2018 | $1,898 | $66,900 | $0 | $0 |
| 2017 | $1,861 | $66,000 | $0 | $0 |
| 2016 | $1,995 | $58,400 | $0 | $0 |
| 2015 | -- | $56,000 | $0 | $0 |
| 2014 | -- | $56,200 | $0 | $0 |
| 2013 | -- | $53,600 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/11/2025 03/11/25 | For Sale | $424,900 | 0.0% | $240 / Sq Ft |
| 03/11/2025 03/11/25 | For Sale | $424,900 | -- | $240 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $180,000 | Hbi Title |
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1931364
APN: 05-08-015-011-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
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