The apartment had everything we needed and the location was excellent. It is very near a Metro stop, only a 15 minute walk to the Louvre or Montmartre, near restaurants and shopping (including grocery stores and produce markets); this place really worked out well.
As other reviewers commented, it can be noisy because it is on a heavily traveled street. But that is easily dealt with, if it bothers you, by using foam earplugs. A positive of the place being on a busy street is that it can be easy to catch a cab.