Good Aspects:
1. Ambridge is close to some of the best outdoor recreation spots in Pennsylvania, including Allegheny National Forest, McConnells Mill State Park and Raccoon Creek State Park.
2. The city is home to a vibrant art and music scene, with theaters, galleries, and live music venues.

Bad Aspect:
1. Ambridge has a high rate of crime, which could make some residents feel unsafe.

Advantages of purchasing real estate in Ambridge, Pennsylvania:
- Affordability: Compared to other cities in Pennsylvania, Ambridge offers relatively more affordable housing.
- Good transport: Ambridge offers good transport connectivity to other major cities of Pennsylvania like Pittsburgh.
- Historical significance: Ambridge has a rich historical significance as it was a major industrial hub during the post-war period. The town features notable architectural styles from the 19th century.

Disadvantages of purchasing real estate in Ambridge, Pennsylvania:
- High crime rate: The crime rate in Ambridge is higher than the national average.
- Limited job opportunities: The job market is limited in Ambridge and you would need to commute to neighboring cities to find opportunities.
- Declining population: The population in Ambridge has been declining over the years.
- Flood-prone: Ambridge is located in a flood-prone area and the town has experienced multiple floods in the past.

These are some of the advantages and disadvantages of purchasing real estate in Ambridge. It's important to do your own research and consult with a local real estate agent before making any investment decisions.