No Cents Having Trouble Selling Mansion Again, Lowers Asking Price by 44%

Posted on July 19th, 2009 - By Bossip Staff

Categories: 50 Cent, News, When The Checks Stop Coming In

50centgq

It looks like it’s hard to find a buyer when a mansion has been tricked out and lived in by No Cents. No Cents keeps lowering his asking price for the crib he purchased from Mike Tyson:

The price of the Connecticut mega-mansion owned by rapper 50 Cent has dropped again — to $10.9 million.

The 50,000-square-foot mansion is in the Hartford metropolitan area suburb Farmington. It was owned by boxer Mike Tyson.

It has 19 bedrooms and 37 bathrooms. It boasts a gym, billiards rooms, racquetball courts and a disco with stripper poles.

The New York City rapper bought it for $4.1 million. He said it had “a ‘Miami Vice’ feel” and spent $6 million on renovations and repairs.

The home was for sale for nearly two years before being pulled off the market in May. The initial $18.5 million price dropped to $14.5 million late last year.

50 Cent says he’s tired of the two-hour commute to New York City and wants to downsize.

It looks like No Cents is going to take a loss on this one. Adding stripper poles and other “add on’s” probably hurt him but this recession is no joke.

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  • Dr. Heather

    Big deal….

  • ..*MOcarsMOclothesMOjewelsMOhoes*..

    platnum …womp womp

  • http://yahoo pHaTdJsWAggER {attention whore!!!}

    why so many bathrooms? and didn’t his baby mom burned a part of the house? he should have thought of the commute before he bought the house.

  • Bossip is stupid

    Don’t under stand why you guys keep calling him “no cent” when he can buy and sell you guys million times over. Anyway, so! This is not news! He should try selling it to a development company so thay can tear the place down and build a condo complex.

  • k diggs

    where did they find this gay looking pic….lol

  • Grim

    Top 10

  • http://www.google.com/friendconnect/profile/picture/_eVv-P55BEwpS4LnoMuPab- SUPERNOVATOP

    @k diggs, Whats so gay about this pic?? plz, enlighten me….

  • 1TruDiva w/the PlatinumVocals—Pimpin, Platinum style!!! J-Hud’s concert was OFF THE MEAT RACK!!!!!!!!!

    I’m just trying to understand why he needed a home with so many rooms anyway.

    Oh well. Good Luck selling it, 50!

  • Oh oh

    lame, who cares and he does look super gay in that picture, the cocked eyebrow and pouting lips ewwww

  • http://www.google.com/friendconnect/profile/picture/_eVv-P55BEwpS4LnoMuPab- SUPERNOVATOP

    lol @ cocked eyebrow….His brows have always had that SHA WHAM arch… and Pouting lips, plz, he just got a gorilla mouth… Now I can see if you said something about how cut that shirt is on his chest and the way it lays…Thats a lil butchqueenish….

  • Rx

    He making a lot of mistakes as of late…..

  • Oshie Supports Gucci (Not the Rapper)

    He should post it under the real estate section on ebay or craigslist! lol

  • CandyCANNE

    I wonder what’s the REAL reason behind him not wanting to stay in the house?

  • HARVARD BOY

    37 bathrooms? How much shitting is really goin on in this house. Water bill alone equates to the average bastard’s mortgage or rent. You could loose a couple of groupies. Tie them to the bedpost soo tey don’t wander around. 37 shitters. LOL

  • http://www.google.com/friendconnect/profile/picture/_eVv-P55BEwpS4LnoMuPab- SUPERNOVATOP

    @havard boy….37 shitters….Hhhm wit lango like that, sounds more like vocational tech boy..

  • vps221

    Looks like that house is cursed. He got a good deal from Mike Tyson and now he is taking a loss, just like Mike did…

  • HARVARD BOY

    Sometimes you have to put it in terms the common man can comprehend. Obviously the articles is a statement about excess in America. 37 shitters and typos pretty much covers the IQ levels of the greater blogging community.

  • Kigali-INTERdependent Black Woman) RIP MJ

    I love love love this picture of 50. It always makes me forget what a prick he is.

  • Sanjor

    @1TruDiva,
    “I’m just trying to understand why he needed a home with so many rooms anyway.”

    ***Me too, that’s excessive. I can think of million things to do with that money instead of buying a mansion where I couldn’t possibly use all of the rooms.***

  • Marquis de Sade (The Real One)

    CandyCANNE

    I wonder what’s the REAL reason behind him not wanting to stay in the house?

    Probably because it’s not cost-effective due to the monthly upkeep and property taxes…Afterall, his cd sales are in the shitter + his stock holdings has lost a lot of value due to this recession. He’s doing what any concerned smart business man would do – Downsize and consolidate.

  • http://www.myspace.com/chickletl2 denne

    what a dumb ass… nobody commutes to new york from farmington… why didn’t he just get a house in greenwich? or anywhere NOT in northern CT considering it’s closer to MA than it is to NY…

  • john hope franklin (still mad at obamas ‘ 1st pitch)

    @oshie
    damn!!!

  • http://www.google.com/friendconnect/profile/picture/_eVv-P55BEwpS4LnoMuPab- SUPERNOVATOP

    @540 u would rent something instead of purchase..

  • Oshie Supports Gucci (Not the Rapper)

    @Jonh Hope

    I think I could have thrown a better pitch than him and he had on a pair custom fit mom jeans!

  • Ara

    Maybe he needs to take it off the market, since the real estate market is weak now, wait and try again later. Instead of selling for less than the property is worth and what he has invested in it.

  • charinamonet

    The more important focus here is this picture…it’s looking a bit tangy for 50. Who allowed this ish?

  • MaRRieD_MoMMy

    charinamonet
    The more important focus here is this picture…it’s looking a bit tangy for 50. Who allowed this ish?
    ************************************************
    My sentiments exactly!!! LMAO
    Good luck selling that house 50, you had no business buying a house so big just for you and your entourage anyhow. He’ll probably have to lower the asking price again. Booooo!!

  • DR.FUNK

    Figure most big ticket items (planes…boats…cribs…females) cost about 10% of the purchase price to maintain every year.That’s a hi-six/lo-seven figure nut.And would’nt you know it?…the pool of “greater fools” able to buy that white elephant are gone.There’s a buyer @ 4m.Bust a cap in you pride 50.Just eat it & move on.

  • The Kind of Smell you Smell when you Smell a Smelly Smell

    wow, that pic looks so suspect. fitty, you gay?

  • ohnoudient

    Whose idea was that pose? Damn no cent, you okayed that ish? 2 funny

  • http://bossip Daba

    @Oshie Supports Gucci (Not the Rapper)
    **I love your Gravatar of Sarah Palin getting out the Black vote–LOL!

  • http://bossip.com komjong

    Prospective buyers have been complaining that the rugs and lounge furniture have a fishy odor. Could be a reason why they’re not biting.

  • GirlPleeze

    I honestly believe 50 brought that house bcuz it was Mike Tyson’s and it is closer to NY but not to close…so traveling wouldn’t be so bad plus alot of the time his ppls are there more then he is!! 50 did alot of recording in the studio @ that house….the house is ridiclous tho. and I mean that literally all those bathrooms is unnecessary u can move a whole family there and still have room for more!! It’s gonna take hell to sell that house.

  • PUSSYCATFUN

    I’LL BUY THE MANSION OFF 50 CENT FOR $37.95…..

  • Brooklyn, Stand UP!

    Damn, I need to hit the Mega Millions Lotto so I can buy that mansion, lol… He’s asking for 10.9 million? I’ll offer a solid 9 million. Take it or leave it nucca, take it or leave it. lol… j/k

  • fara

    it must b fify dat NORE(gay rapper) was talkin about becuz he luk so gay right now in that pic

  • Tony Redds

    I hope he takes a huge loss!

  • Speaking the truth…

    He was stupid for buying it in the first place.

  • sexylexis hates michael vick

    ahahahah@this picture

  • http://bossip.com Molly

    Ole gorilla face.

  • http://twitter.com/mastermk7 MasterMK

    No Cents… that a good one.

  • http://www.beattrend.com/wp-content/uploads/2008/01/trey-songz-hits-fan.jpg DWIGHT HOWARD is MY BOO!

    whats up with that picture? lol

  • Raina

    My thoughts are that he must in some way need the money. Otherwise, any smart business man or anyone who knew real estate would just get an apt in NYC and leave the home. Then, when the recession is over, do a couple renovations to make it less ghetto fabulous and make a profit. Why take a loss if you don’t have to?

  • 1TruDiva w/the PlatinumVocals—Pimpin, Platinum style!!! J-Hud’s concert was OFF THE MEAT RACK!!!!!!!!!

    I don’t think he wass tupid for buying it. You have to remember, he paid four million for it which by the way is a STEAL in that neck of the woods. The problem was him sinking so much money into upgrading it. He’s trying to recoup the price he paid coupled with the upgrades.

    I’ve been fortunate enough to purchase two homes and I just don’t think you should EVER spend more on upgrading than the purchase price.

    Just my opinion. He should’ve bought one in new Cannan or Darien. That’s money right there!!

    Good Luck with that, 50! You might get some anonymous old money to purchase it but I don’t know!

  • memchee

    what idiot expects to get above market rate in a down market?

  • Hottistchickinthegame

    And IF YOU HAVEN’T NOTICED…..WE ARE IN A MAJOR RECESSION AND EVERYONE IS HAVING A HARD TIME SELLING HOMES!!!

    Most people are going into foreclosure by the hours so whatever he can make off of this deal is more than his neighbor could at this time

    Team 50 4 life!!!!

  • pickels2006

    who the hell needs a house that big anway?
    he needs to settle for sumthn smaller with the houses nd focus on his muic

  • boogies34

    look haters 50 is still d bomb anytime. what he does with his money an his house is not ur bizness. still my best rapper after dre anytime so step off.

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