Auction.com
List Price
$239,900
List Price

563 Hansen Drive

Locust Grove, GA 30248, Henry County

3

Beds

3

Baths

1,788

Sq. Feet
Property Description
Excellent investment opportunity in the heart of Locust Grove! This well-maintained 3-bedroom, 2.5-bath home features a dramatic two-story foyer, hardwood flooring, tile flooring in all bathrooms, storm doors, and an extended patio overlooking a private fenced backyard. The functional floor plan offers spacious living areas and a comfortable layout that appeals to long-term residents. Conveniently located near shopping, dining, schools, and major commuter routes, this property offers immediate cash flow with a Section 8 tenant currently in place through March 31, 2027. Current monthly rental income is approximately $1,897 ($1,147 Section 8 payment and $750 tenant portion). Investor Sale – Tenant Occupied. Interior showings are restricted and will be permitted only after an accepted contract, subject to tenant cooperation. Please do not disturb the tenant. Property is being sold as-is. Buyer to verify all information deemed important.... read more ↓
Accepted Payment Type
Cash, Financing
Accepted Contingencies
Option Period
Option Period
Yes
Earnest Money Deposit
5% ($2,500 min)
Additional Documents
Review additional documents here.
Listing Agent - michael tally
(678) 887-4955
Tally Real Estate Group LLC
Status
Seller Accepting Offers
Submit your offer directly to the seller now

Important Information

Property Details

Beds
3
Baths
3
Square Footage
1,788
Lot Size (Acres)
4,140
Property Type
Single Family Detached
Year Built
2005
Special Notes
Excellent investment opportunity in the heart of Locust Grove! This well-maintained 3-bedroom, 2.5-bath home features a dramatic two-story foyer, hardwood flooring, tile flooring in all bathrooms, storm doors, and an extended patio overlooking a private fenced backyard. The functional floor plan offers spacious living areas and a comfortable layout that appeals to long-term residents. Conveniently located near shopping, dining, schools, and major commuter routes, this property offers immediate cash flow with a Section 8 tenant currently in place through March 31, 2027. Current monthly rental income is approximately $1,897 ($1,147 Section 8 payment and $750 tenant portion). Investor Sale – Tenant Occupied. Interior showings are restricted and will be permitted only after an accepted contract, subject to tenant cooperation. Please do not disturb the tenant. Property is being sold as-is. Buyer to verify all information deemed important.

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Deed Type
Special Warranty Deed
Title Insurance Paid by
Refer to Purchase Agreement
Review Purchase Agreement
Details of the Seller's terms and conditions, and your rights as the buyer.
Prepare Your Finances
Getting a mortgage? Two quick steps to be ready:
  • Get a pre-approval letter from your lender (shows you can get the loan).
  • Show proof you have the down payment saved.
Paying cash? Here’s what you’ll need:
  • Show a recent bank statement or similar document.
  • Just needs to confirm you have the purchase amount available.
  • This lets us submit your offer right away.
  • Quick and straightforward process.

Top FAQs

How do I prepare to make an offer?

Make sure you know your budget and what you're willing to spend. Having your proof of funds ready in advance will help ensure a smooth and credible offer submission.

Why do I need to upload financial documentation?

This ensures that you are financially prepared to complete the transaction. Your documentation must match the full offer amount to verify your ability to proceed with the purchase.

Can I change my offer after submission?

Yes! You can update your offer anytime before the review deadline. However, keep in mind that sellers can accept an offer at any time, so always ensure your best offer is submitted. During the Seller Decision Period of the Highest & Best Round, offers can no longer be updated.

Do I need an agent to submit an offer?

Buyers are not required to have an agent to submit an offer. However, you should seek any professional assistance appropriate for your situation. The Listing Agent will prepare the contract for your signature.

What if I have other specific questions about this property?

You may contact the listing agent directly. Their contact information is typically displayed on the property's listing page.

Transaction Details

  • By submitting a bid or offer, Buyer agrees to sign the Purchase Documents in compliance with the Participation Terms. The Seller is not bound to any agreement with Buyer until the Purchase Documents have been signed by both parties.

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DISCLAIMER: The content provided herein, including property photos and characteristics, has been gathered from various third parties and has not been verified. No representation or warranty is made by Auction.com regarding the accuracy or completeness of any content regarding the property. Property photos are not intended as a substitution for a bidder's own due diligence. Photos may not depict the condition of the property as it exists on the date of sale or closing. All bidders are responsible for conducting their own due diligence before bidding and are encouraged to seek independent professional advice if necessary.