This place is perfect if you're looking for a no frills cheap apartment right around the corner from the Old Town Square. There's not much in the way of furniture (a table, two older futons) but if you're not planning to spend a lot of time in the apartment, it's not an issue.
The location was right above/next to a bar of some sort, but you can't hear anything from the apartment. We were able to walk everywhere because this place is so centrally located.
If you're traveling on a budget, I definitely recommend this place!