Great Great Great location. Like honestly, steps away from where you want to be for sights, gondolas, “bus” stops (vaporetto boats), and some great affordable shopping. The building is old, but so is all of Venice. There are tights stairs to get to the 4th floor rooms BUT the pay off is you get a private terrace. Well worth it. When we travel back to Venice, we will stay here.
If you prefer luxurious accommodations, don’t travel to old cities.