Can this be beneficial in the eyes of the lender and help secure the loan? 

We are interested in a well located home that has been on the market for 10 years.  

While I do not know the specifics of the purchase or exact location, I understand the Philadelphia market well enough to place this property in a lower tier neighborhood based on the ARV Mario shared.

@Kristafer Nicaj Although he location of your tax accountant is not nearly as crucial as their experience, location is still a factor for a host of reasons.

https://www.biggerpockets.com/forums/521/topics/1166981-property-crawl-3-locations-meeting-in-highland-parkMeetup page on here: RSVP on that page 

Location is key!

Keep building your portfolio while ensuring financial security for you and your loved ones.

My first recommendation is to consult an attorney in the area where the home is located.  

In a volatile interest rate environment the cap rates have significant lag time in reflecting the interest rate at which the property can secure.

You can also explore Salem or bordering areas such as Derry or hereabout but they tend to be very high tax areas so that eats away quite a bit of returns and would not appreciate as well as more Boston central locations.