June 18, 2018

Eminem is selling his Mansion for a ridiculously low price due to this reason

Eminem is selling his Mansion for a ridiculously low price due to this reason

Marshall Mathers, also known as Eminem is one of the greatest rappers to have ever lived. Millions of people worldwide have enjoyed his controversial music around different kind of topics.

The possibility of the release of his upcoming album has sparked the interest of many of his fans. However, this doesn’t mean that people’s most favorite rapper doesn’t have any issues. And no, I’m not referring to the drug addiction he has been dealing with.

If you don’t know already, Detroit is Eminem’s hometown. It’s a city which in recent years has faced many economical problems. A lot of its citizens have left the city, leaving hundreds of building abandoned.

The prices of the buildings around the area have dropped dramatically, in hopes of finding potential buyers. Despite many have left the city, a lot of its citizens have been struggling to live as they can’t afford the essentials.  This has also led to an increase in crime rates.

Slim Shady decided to purchase a building in his hometown in 2003 from the former CEO of KMart for $4.7 million. It was the year he starred in 8 Mile, a film which released after 3 of his most successful albums to date including The Eminem Show that managed to get platinum 10 times.

The film made a huge success and lot of his fans loved it. This was in favor of Eminem since he was capable of affording such a big mansion.

Back when Eminem purchased the building, Detroit wasn’t at the current state it is now. The incredible villa is located in the Rochester Hills, Michigan, in the north suburb of Detroit, outside of the buzzing life.

Unfortunately for the rapper, due to the fact that house prices kept dropping at an alarming rate, he had to sell his house for $1.99 million. The price is significantly less than what he had initially paid for it.

The house was listed by real estate agent Coldwell Banker Weir Manuel-Bir. The building has an incredible 17,000 square feet of living space which his spokesman Mark Maragon describes it as “a spectacular gated estate on nearly six acres with guard house. ”

The estate was built in 1986 and it contains any luxury an individual could ever imagine. During the time of its construction, Detroit housed one of the biggest Automobile industries at that period. This means that having a building at that time didn’t come cheap.

It contains five bedrooms, eight bathrooms, a tennis court which doubles as a basketball court, a spa, an entertainment cabana, a guest room equipped with its own game room, and an incredible octagonal swimming pool. The swimming pool itself features slides, a Jacuzzi, and even a waterfall.

Although different kinds of plants create a natural protection around the house, a guard house has been installed just outside the mansion to protect it. This is also one of the main selling points of the house. Another addition is the parking lot which can accommodate up to 3 cars.

Despite the fact that he will sell the house at 42 percent of what he bought it for, it will definitely not hurt him. Em is one of the richest rappers in the world which says a lot about the financial status of the Detroit rapper. His fortune is reported to be $210 million which sets him ahead of Kanye West, 50 Cent, and Usher.

The house listing came after the world witnessed Eminem’s new beard look back in June. It was unlike anything people were expecting for. In the past, Marshall was known for changing the color of his hair but the beard addition surely shocked everyone.

The beard first showed up on his Instagram profile. The image showed him alongside Dr. Dre and Kendrick Lamar captioning: “Just a couple of guys from Compton and one from Detroit. With a beard. #thedefiantones“.

Just a couple of guys from Compton and one from Detroit. With a beard. #thedefiantones

A post shared by Marshall Mathers (@eminem) on

Eminem released his last album,  The Marshall Mathers LP 2  in 2013. Fans of his music have been dying to know what their favorite rapper has been preparing for them. In a recent documentary of Allen Hughes, The Defiant Ones, the director spoke about Dr. Dre’s job in the music industry. However, in his speech, he provided vital information concerning Eminem’s upcoming album. “Right now he’s producing, in the 11th hour, a track for Eminem’s latest album.”, Allen Hughes said.

At the moment, there is not much to support such speculations. Slim Shady made his last appearance in February when he provided guest vocals for Big Seans’ No Favors. Time will tell if Eminem is about to drop anything hot.

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