We stayed in this hotel for 4 days during Oktoberfest and it was in a great location. Very close to the subway and lots of restaurants, shops, convenience stores nearby.
The hotel is older, but we found the rooms very charming and they were clean. There is no AC, so staying here in the summer could be uncomfortably hot, as it was we slept with the windows open all night.
Staff were friendly and spoke English. There is only one elevator that really only fits two people at a time, but again we found it quite charming. I would recommend to stay here as long as you don't have mobility issues.