My boyfriend and I stayed here during Oktoberfest, and it was perfectly situated far enough away that it was quiet but the train stop was a five min walk away with only a few stops to get to the Wiesn (Oktoberfest).
Room was clean and had everything we needed - including a blow dryer, which are tough to transport internationally so I don't normally bring one myself. The only thing it didn't have was an oven if you plan on heating up rolls or anything, but luckily there are so many great restaurants in Munich just a train ride away, along with a cafe just a quick 2 minute walk up the street.
As others mentioned, it is 4 stories up to the top floor, but you are always greeted by Dave the dog on your alway up, so the trip is worth it :)