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Entertainment

50 Cent Slashes Price of his Mansion from $18.5m to $8.5m

Farouk Mohammed
By Farouk Mohammed
Published: December 19, 2015
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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.

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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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ByFarouk Mohammed
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Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
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