This is exactly what my wife and I were looking for when we stayed in Berlin. It is one block from the U-Bahn that goes downtown and two blocks from the S-Bahn that rings the city. I liked the part of the city we were located in, lots of good restaurants around, a nice quiet neighborhood, convenient groceries, bakery, pharmacy. The apartment was just right for two people sticking to a budget, we would definitely stay here again.
This is Germany so understand that the washer has no drier and there is no air-conditioning, and this is typical throughout Berlin.