The location is perfect for exploring Bologna, offering easy access to town center. Closer there is a bar for "colazione" in the morning and a Coop market for food if you want to cook.
The place is cozy and it has everything you need to stay for a few days in town.
Michele is an excellent host and gave us a fantastic introduction to Bologna, with great recommendation for attraction points and food places.
Definitely, a very nice place to stay!