DarkMode/LightMode
Light Mode

50 Cent’s mansion is still on the market

Rapper 50 Cent’s sprawling Connecticut mansion is still up for sale, despite reports he’s offloaded the pad.
The In Da Club star reportedly sold his 52-room Farmington property, which was once owned by boxer Mike Tyson, for $8.5 million (£6 million) to a buyer who planned to turn it into an assisted living facility.
A representative for the rapper has denied the reports, insisting there has been interest from a number of buyers, but no contract has been signed and the house is still on the market.
The spokesperson tells Gossip Cop, “50’s house is not sold yet. They are entertaining multiple offers but nothing has gone to contract.”
His lawyer adds, “While Mr. Jackson’s exclusive broker has received numerous inquiries from prospective purchasers and one developer was specifically interested in converting the property for an assisted living facility, no contract for sale has been executed and the property has not yet been sold.
He adds an offer has to be given the green light by the Connecticut Bankruptcy Court and “until such time as a formal contract has been fully approved and executed, the property will remain listed and for sale to all qualified and interested buyers.”
50 Cent, who filed for Chapter 11 bankruptcy protection last year (15), bought the mansion for $4.1 million (£3 million) in 2003 and put it on the market for $18.5 million (£13 million) in 2007 after spending $10 million (£7 million) on renovations.
The pad first became famous when Tyson took ownership and had his pet tigers prowling the grounds. 50 turned the place into a party palace and often staged days-long bashes.

- Advertisement -