This meticulously maintained residential and commercial building is situated in a prime location directly on Konstantinplatz.5 in Mönchengladbach-Giesenkirchen. Originally constructed around 1950, the property underwent extensive modernization and technical renovation in 2020–2021, including updates to the heating system, electrical and sanitary installations, roof, facade, and common areas. The building comprises 14 residential units and 4 ground-floor commercial units, predominantly occupied by long-term tenants in gastronomy, retail, services, and offices, benefiting from the central square location. The apartments feature functional layouts and modern amenities. A bright staircase with quality stoneware flooring and well-kept common areas underscore the property's excellent condition. An additional unit, formerly a interior design store/bowling alley, is currently available for rent, offering further income potential. The property includes 12 parking spaces and 2 garages, a significant advantage in this central urban setting, and represents an attractive long-term investment due to its top micro-location, high occupancy, recent renovations, and stable tenant base.