About 8031 Chapman Road
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.
Features of 8031 Chapman Road
MLS® # | 1931364 |
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Price | $424,900 |
Square Footage | 1,770 |
Acres | 1.87 |
Year Built | 1988 |
Type | Multi-Family |
Sub-Type | Ranch, 1 Story |
Status | Active |
Association | N/A |
Community Information
Address | 8031 Chapman Road |
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Subdivision | N/A |
City | Alden |
County | Antrim |
State | MI |
Zip Code | 49612 |
Amenities
Utilities | Shared Well |
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Garages | Attached, Door Opener, Concrete Floors |
Is Waterfront | No |
Waterfront | None |
Has Pool | No |
Interior
Interior Features | Mud Room, Workshop, Other |
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Appliances | Refrigerator, Oven/Range, Washer, Dryer, Ceiling Fan |
Heating | Propane Gas,Baseboard,Wall |
Has Basement | No |
Basement | Crawl Space |
Fireplace | Yes |
Fireplaces | Fireplace, Gas |
Exterior
Exterior | Vinyl Siding |
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Exterior Features | Deck, Sidewalk, Countryside View, Landscaped |
Roof | Asphalt, Metal |
Construction | Frame |
School Information
District | Mancelona Public Schools |
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Additional Information
Date Listed | March 11th, 2025 |
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Days on Market | 17 |
Zoning | Residential |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | 302 |
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