Peep AI‘s mansion before it hits the auction block…

Allen Iverson’s Foreclosed Atlanta Mansion

Via TMZ:

Former NBA star Allen Iverson’s about to lose his massive Atlanta mansion — because the bank is gearing up to sell the house at auction next week, TMZ has learned.

Iverson purchased the home back in 2010 for $4.5 million — but according to official records, he defaulted on his mortgage and the bank foreclosed. Now, the home is set to be sold at auction on December 4th … along with all the crap inside.

Iverson’s currently going through a nasty divorce with his estranged wife, and he’s famously been dealing with money problems … including a nearly-million-dollar debt to a Georgia jeweler.

A.I. still has a chance to save it if he comes up with the cash before auction time … but the clock’s ticking … fast.

Check out more photos of the foreclosed mansion next…