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. Please be aware that the property is in a distressed state and experience a severe water event (June 2026) when a pipe burst (this was an addition to the previous water damage from years prior). We have received multiple quotes from Servpro and other contractors to remediate and rebuild and will share as needed. 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.

Property Features

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