Price: $275,000
Beds: 4
Baths: 4
Status: Active
Property Type: Single Family Residence
Lot Size Acres: 0.21
Lot Size SqFt: 9,099
Year Built: 1910
Neighborhood: Chestnut Hills
Days on Website: 47

Courtesy of EXP Realty, LLC

Property Description

1902 N 3rd Street is a rare opportunity to restore a large historic home in one of Richmond’s steadily growing Northside neighborhoods. Offering approximately 2,868 square feet on a generous 9,099-square-foot lot, this property gives the next owner the kind of size, footprint, and flexibility that is getting harder to find in the city. With a true three-level layout, including finished 3rd-floor space, the home offers substantial potential for the right investor, contractor, or buyer with vision. This property is in distressed condition and is being sold as a full renovation project. Per seller-provided information, burst pipes have caused damage to the flooring, there is visible roof deterioration with a section of roof coating coming loose, and the photos reflect a home that is in generally rough shape throughout. Buyers should expect significant repairs, updates, and improvements across the property, making this best suited for someone prepared to take on a true rehab. What makes this opportunity especially compelling is that the home has already shown what it can become. Previously renovated and sold in 2021, this property offers a strong reminder of the potential that exists here with the right plan, budget, and execution. The square footage, three finished levels, lot size, and historic character create a strong foundation for a transformational project. Located in Northside, an area that continues to see ongoing reinvestment and rising interest from buyers and investors alike, 1902 N 3rd Street presents the chance to bring a sizable Richmond home back to life in a neighborhood where restored properties continue to stand out. For someone who can see past the current condition, the upside here is clear. Sold strictly as-is. Property is being sold strictly as-is, where is. Inspection for informational purposes only.

Open House

Property Details and Features

  • Bathrooms
  • Bathrooms Total Integer: 4
  • Building
  • Below Grade Finished Area: 0
  • Construction Materials: Frame,VinylSiding
  • Living Area Source: Assessor
  • Rooms Total: 9
  • Exterior Features
  • Patio And Porch Features: Balcony,Deck,WrapAround
  • Interior Features
  • Interior Features: Bookcases,BuiltInFeatures,BedroomOnMainLevel,CeilingFans,DiningArea,DoubleVanity,EatInKitchen,GraniteCounters,HighCeilings,HighSpeedInternet,Loft,BathInPrimaryBedroom,MainLevelPrimary,RecessedLighting,CableTv,WiredForData,WalkInClosets
  • Listing
  • Ownership Type: SoleProprietor
  • Ownership: Individuals
  • Location
  • County Or Parish: Richmond City
  • Lot
  • Parcel Number: N000-0500-006
  • Parking
  • Parking Features: SharedDriveway
  • Possession
  • Possession: CloseOfEscrow
  • Property
  • Property Condition: Resale
  • Property Sub Type: Single Family Residence
  • Taxes
  • Tax Annual Amount: $5,124
  • Tax Assessed Value: $427,000
  • Tax Legal Description: CHESTNUT HILL L13&14 PT12 B9 0065.00X0140.00 0000.000
  • Tax Lot: 13
  • Tax Year: 2025

Property Map

$275,000 – 1902 3rd Avenue, Richmond, VA 23222

Street View

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