Great central location, very close to transport. Absolutely fine for single/couples. Although the bathroom was a lot smaller than we thought which you kind of expect for Taipei. But it was not very private and not suitable for three people especially as it never dried out. Other than that it has everything one needs for a few days exploring the city. Shops and restaurants everywhere around it (recommend the bakery at the far end of the lane). A small tourist market about a block north of there and very close to a couple of museums.