Good location right in the heart of Madrid. Safe access to the building and very secure door (there is a trick to opening the door and I also broke the key trying to turn it). Happy to recommend it as a spot for a couple or few friends to use. The MIT House staff let me drop my bags at their office a few blocks away until check-in which was much appreciated.
The WIFI network on the MIT House app is incorrect for this property so check the actual router for the correct network and password (I notified the hosts, so I'm sure they will fix it soon).
Note that "two beds" is a bed and a sofa that can be pulled out into a bed.