50 Cent: Connecticut Mansion SOLD!!!! Becoming Old Folks Home

50 Cent's massive estate in Farmington, Connecticut has finally found a buyer and they're planning on turning the sprawling 52-room home into an assisted living facility.

TMZ has learned the home sold for $8 million ... $10.5 million less than 50's original listing price almost a decade ago.

50 first put the 21-bedroom, 25-bath estate on the market in 2007 for $18.5 million. The price was reduced several more times in the following years.

The 50k square foot home had been a huge financial burden for the bankrupt 50, costing around $70k per month to maintain since there's also 9 kitchens, an outdoor infinity pool and grotto, indoor pool, helicopter pad, casino, nightclub, basketball courts and pond.

It's resort-like amenities sound like a perfect fit for the buyer who is modifying zoning so it can be converted into the old folks home pending the town's approval.