This place is great value. Spacious enough for three (try finding a hotel room in Paris this size) and well set up. It's a short walk to two very useful metro lines and located in a lively area that feels like a place locals like. We walked from Gare du Nord in about 15 minutes.
I highly recommend the cheese shop (mon bleu) on the corner for a dinner. They are charming and it's not at all as intimidating an experience as you'd think even if you don't speak French! The Thai place downstairs looks fantastic too, although we missed our chance to eat there.
There is street noise and creaking from the apartment above but it didn't worry me (I wear ear plugs when I sleep anyway). If you are very sensitive to noise it might be an issue, but it's pretty hard to find total silence in central Paris.