Rapper 50 Cent sells massive Connecticut home at 84% loss

The huge home of rapper 50 Cent in Connecticut, which has been on the market for nearly 12 years, has just been sold at a fraction of the initial listing price.

The Farmington Mansion traded for $ 2.9 million, about 84% less than its listing price in 2007, according to the Wall Street Journal, which had announced the sale for the first time. The musician, whose birth name is Curtis James Jackson III, was first listed for $ 18.5 million in 2007.

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The asking price, however, has been dropped several times since the first listing, eventually falling to $ 4.95 billion, according to Zillow.

In 2003, 50 Cent bought the house from boxer Mike Tyson for $ 4.1 million, according to the newspaper, but he would have invested millions of dollars in renovations.

With an area of ​​approximately 50,000 square feet, the estate comprises 21 bedrooms and 19 full baths, game rooms, a recording studio, a home theater, an indoor pool and a fitness center. conference center. The original list also contained photos of a basketball court and a nightclub decorated with 50-cent murals, the Journal reported.

When the rapper filed for bankruptcy in 2015, it was revealed that the Farmington mansion cost nearly $ 70,000 in monthly fees.

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