I would highly recommend this place. The owner has created a very special nostalgic living experience. The cafe/shop it is attached to is also a great place to hang out for a coffee. It is in a perfect central location to explore the heart of old Taipei. Also an easy walk to the high speed train and airport shuttle. There is a bit of noise from the road, but the owner is very conscientious about this and provides ear plugs if necessary. But I found the traffic sound not that bad. It was not an annoyance for me. No en-suite bathroom but the bath still felt private. The bath is very nicely appointed and very nostalgic.
If you are interested in exploring old Taipei for a weekend this is the perfect place to stay!