Saturday, December 19, 2015

No One Buying? 50 cent slashes price of his mansion again from $18.5 m to $8.5m


It appears no one is interested in buying 50 cent's Connecticut mansion as he has lowered the asking price once again after filing for bankruptcy .

The Hartford Courant reports the new listing for 50 Cent's 21-bedroom, 25-bathroom home in Farmington is now $8.5 million.

The rapper bought the 50,000-square-foot mansion for $4.1 million in 2003, but reports say he invested between $6 million to $10 million on renovations.He first asked for $18.5 million for the home in 2007 and has been periodically reducing its price ever since.

High-end residential real estate expert Rob Giuffria says '50 would have a better chance being a country music singer' than finding a buyer at $8.5 million.

The house - one of the biggest private residences in America - costs a whopping $72,000 a month to finance and maintain.He bought it in 2003 from boxer Mike Tyson.

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