Massimo's studio was perfect for a one night stay in Bologna. We had enough space to sleep for 5 girls and everything was accordingly to the pictures we have seen before. But I consider the studio being too small if we would have stayed more than 1 night with all the luggage and stuff.
The studio is at 15 minutes walking to the city center and 5 minutes walking to buses that can take you to the central station or to the airport.