Land for Sale - 1520 Fenton Street, Saginaw, MI 48601 - 0.21 acres

Build Up to 4 Units – $4,700 | Seller Financing | Utilities at Street

1520 Fenton Street, Saginaw, MI | Lat/Lng:  43.4154, -83.9249

$500
0.21 ac.
01/27/2026
ACTIVE
Main Listing ImageMain Listing Image

Description

Build up to FOUR units on this 0.21-acre lot in Saginaw. Utilities available at the street. Paved road frontage. - Cash Price: $4,700 - Owner Financing: $500 down, $367/month (No banks. No credit check.) Zoned MU-1 (Mixed Use), this parcel allows residential, multi-family (up to 4 units), or light commercial use (buyer to verify). That means flexibility — build a duplex, small multi-unit property, or hold for future development. Lots with this level of zoning flexibility at this price point are increasingly hard to find. Property Details: - Lot Size: 0.21 acre (approximately 9,147.6 sq ft) - Parcel Type: Vacant Land - Zoning: MU-1 (Mixed Use) - Permits residential, multi-family up to 4 units, or light commercial uses (buyer to verify) - Road Access: Paved public street frontage - Utilities: Water, sewer, and electricity available at the street - HOA: None - Ownership: Free and clear — ready for immediate transfer Location Highlights: - East-side Saginaw location with paved street access - Minutes from downtown and major employment centers - Close proximity to healthcare facilities, riverfront amenities, and public transit - Nearby parks, retail corridors, and neighborhood services Development & Use Potential: - Residential or multi-family development - Light commercial use under MU-1 zoning - Side-lot expansion for neighboring property owner - Long-term investment or future development opportunity All uses subject to zoning requirements and municipal approvals. Pricing & Financing Options: - Cash Price: $4,700 - Owner Financing Available: $500 down payment $367 per month for 12 months Total purchase price with financing: $4,900 (includes $200 Flat finance fee) - No banks - No credit check - Simple purchase agreement - Fast, straightforward closing Low Carrying Costs: - Estimated 2027 property taxes: under $75 per year - (Actual taxes subject to assessor determination.) - Low annual holding costs make this parcel especially attractive for investors seeking flexibility without long-term expense exposure. Affordable mixed-use land with flexible zoning and owner financing available. Contact today to secure this parcel or request zoning confirmation and parcel details. Offered By: Ghrael Enterprises LLC Power to Build. Insight to Invest.

Details

CountySaginaw
Zipcode48601
Property Type OneUndeveloped Land
BrokerageGhrael Enterprises LLC
Brokerage Linkhttps://land.com
Land Listing Agent Photo
Latisha Ghrael
Ghrael Enterprises LLC
(646) 627-0571
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