Rosario met us as soon as we arrived and walked us through the place. It is in a vibrant section of town, and you can walk to restaurants, shopping and the sites. We loved that it was just around the corner from Tribunal Street. Others have commented on the street noise, but we didn't find it to be an issue. There are internal shutters that can be closed to help, but we didn't need it, and we were even there during Fat Tuesday!
As others have noted, there is no living room. This wasn't an issue, but may be a surprise. The bedrooms are quite large and the kitchen is a great gathering space.