We stayed here for 2 nights. It is an interesting and unusually decorated hotel. The theme is Chinese retro with the hotel completely designed to reflect what a house/building would look like back in the 30s, or maybe it's the 40s or 50s in China/Taiwan. Even the phones are the old style rotary phones. The decor is very interesting but tasteful. There's no elevators, and the building goes up with no rooms on the first floor, so you have to walk up flights of stairs. However, they have an innovative pulley system to hoist your luggage up to your floor for you, so that you don't have to lug your heavy luggage up several floors.
The rooms themselves are extremely small. The bed is built on a platform perhaps to give the room a more open feel since everything is literally packed into a very small space. The side tables, bed, and a little ledge (that would be like a desk if it weren't so narrow that it can only be considered a ledge) are all right next to each other with little room to even walk around. The bathroom is very small as well. If you get claustrophobic, this hotel/motel is not for you. Otherwise, the price is right for a quaint boutique hotel like this and the location is somewhat centrally located.
Although it is a good 15 minutes walk to the nearest MRT, there are bus stops closer than that and there's plenty of convenient stores, shopping of all kinds, and casual eateries like breakfast shops, and quick lunch places all around so that you don't really even need to take any kind of public transportation to get your essential needs met.
The front desk ALWAYS has someone there, which is nice. The hotel staff's English, I would say, is pretty limited, but since I speak Mandarin, I didn't have any trouble communicating with them, and they were definitely very friendly and helpful, with giving advice on tourist spots and how to get to them in Taipei.