50 Cent Sells Connecticut Mansion for $3 Million After 12 Years -- at an 84% Loss | lovebscott.com

50 Cent Sells Connecticut Mansion for $3 Million After 12 Years — at an 84% Loss

50 Cent finally unloaded his Connecticut mansion after 12 years — and he basically gave it away.

He’s been searching for a buyer for the 50+ room mansion, but couldn’t. He initially asked $18.5 million for the property but ended up selling it $3 million.

via People:

The home was most recently listed for $4.995 million with Million Dollar Listing New York star Fredrik Eklund of Douglas Elliman, PEOPLE confirmed in January 2018. It had also previously been listed for rent at $100,000 per month.

According to the Wall Street Journal, he let go of the home for $2.9 million, which is 84 percent less than the original listing price. Jennifer Leahy of Douglas Elliman brokered the sale.

However, even though the mansion was sold at a massive loss, the “Get Rich or Die Tryin’” rapper will not pocket any of the money. A spokesperson for 50 Cent reportedly told WSJ that the proceeds of the sale would be donated to the G-Unity Foundation Inc., his charity that is dedicated to providing grants to nonprofit organizations that focus on improving the quality of life for low-income and underprivileged communities.

The extravagant home includes 19 bedrooms, 25 bathrooms, an indoor pool and hot tub, and a “substantial” night club, according to the listing. Multiple game rooms, a green-screen room, a recording studio, a full gym and a home theater can also be found in the 50,000-square-foot structure.

The palatial pad sits on approximately 17 acres. The lot features a pool, pond with fountain, basketball court, guesthouses, gardens, and a Playboy mansion-style grotto.

When PEOPLE first reported on the listing in 2007, the latter was said to have a hot tub that seats 40 people.

We saw that house on ‘Million Dollar Listing’ and we’re honestly surprised someone took it.

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