$424,900

8031 Chapman Rd Alden, MI 49612

Estimated payment $2,569/month

Total Views 15,001
3 Beds
2 Baths
1,770 Sq Ft
$240 Price per Sq Ft

Highlights

  • Countryside Views
  • Wooded Lot
  • Mud Room
  • Deck
  • Corner Lot
  • Workshop

About This Home

Versatile and income-producing, this unique property offers two rental units plus a large storage facility—all just 3/4 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

Jacob Elsenheimer

REMAX Bayshore - W Bay Shore Dr TC License #6501461967 Listed on: 03/11/2025

REMAX Bayshore - W Bay Shore Dr TC

Co-Listing Agent

Bob Brick

REMAX Bayshore - W Bay Shore Dr TC License #6502134537

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,580

Year Built

  • Built in 1988

Lot Details

  • 1.87 Acre Lot
  • Lot Dimensions are 193x422
  • Landscaped
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Frame Construction
  • Asphalt Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,770 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Mud Room
  • Workshop
  • Countryside Views
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Circular Driveway
  • Gravel Driveway

Outdoor Features

  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • Shared Well

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,580

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: In-Law Suite or Apartment, Duplex, 1 Story
  • Estimated Year Built: 1988
  • Construction: Frame
  • Principal Residence: Yes
  • Section Number: 15
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1988

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Washer, Dryer, Ceiling Fan
  • Interior Amenities: Mud Room, Workshop
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 12.0x13.5, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 9.10x13.5, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: combox12.6, On Level: Main Floor, Flooring: Carpet
  • Kitchen: Dimensions: 14.6xcombo, On Level: Main Floor, Flooring: Carpet
  • Living Room: Dimensions: 11.11x17.6, On Level: Main Floor, Flooring: Carpet
  • Other Room: Dimensions: 7.7x11.2, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 1770
  • Price Per Sq Ft: 240.06
  • Range: R 8W
  • Total Finished Sf Apx: 1770

Exterior Features

  • Exterior Features: Deck, Countryside View, Landscaped
  • Exterior Finish: Vinyl
  • Foundation: Crawl Space
  • Number Of Acres: 1.87
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt, Metal

Garage/Parking

  • Driveway: Concrete, Gravel, Circular
  • Garage Capacity: 2
  • Primary Garage: Attached, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Baseboard, Wall
  • Laundry: Dimensions: 6.6x4.8, On Level: Main Floor, Flooring: Laminate
  • Sewer: Private Septic
  • Tv Service Internet Avail: Unknown
  • Water: Shared Well

Schools

  • School District: Mancelona Public Schools

Lot Info

  • Land Features: Corner Lot, Wooded-Hardwoods, Cleared, Wooded, Evergreens, Level, Sloping
  • Lot Dimensions: 193x422
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Agricultural Res

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 1795.00
  • Total Taxes: 2580
  • Winter Taxes: 785.00
  • Year Summer: 2024
  • Year Winter: 2023

MLS Schools

  • School District: Mancelona Public Schools

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: Northern Great Lakes REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $180,000 Hbi Title
Source: Public Records

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Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1931359

Northern Great Lakes REALTORS® MLS

APN: 05-08-015-011-00