Exactly as described. Great location near Chinatown and public transit, with many art galleries, museums, parks, and local attractions within walking distance. Friendly staff and easy check-in and check-out. Make sure you specify that you are booking a room with a private bathroom if that is what you desire, as some rooms share a public bathroom. Vintage elevator takes some getting used to but works great.
The building does have heat, but no AC, so we opened the windows at night to cool off and it wasn't too bad. You are in the middle of a big city, so opening the windows means you'll hear a big city - occasional yelling, talking, drunk and sometimes belligerent passerby, cars, et cetera. Can take some getting used to, so if you are a light sleeper and will not be using the heat I recommend weighing your options.
The bed is comfortable and the wifi is fast. Perfect for what we needed as a couple visiting friends for a long weekend. Coin laundry downstairs is an additional bonus. Some floors have shared kitchenette-type spaces with coffee makers, microwaves, and hot water, which was nice since our room only had a minifridge. Note that there is no on-site parking, only paid down the street, but public transit and city bikes are reasonably priced so we didn't rent a car and were unaffected by this.