Joseph's apartment was perfectly situated just outside the party zone but close enough to the action to be/feel a part of it. The convenience store downstairs was handy. The balcony was a great spot for coffee in the morning and a glass of wine at night. The apartment had everything we needed and we just loved the Parisian style - tall ceilings, character and balcony.
As someone else mentioned, just beware if you are tall. I warned my husband who is 6'4" that he would have to duck in the shower and watch his head in the upstairs bedroom. He bonked his head once (not an uncommon experience - thankfully he has a hard head), and then learned his lesson. If you are taller than 6' or on the bigger side, just know that the shower is going to require contortion. For us, the balcony, location, and character of the apt was well worth the tradeoff. We will be back!