I got my brother one that was identical to yours at a thrift store (only it had the original drop bars on it). It was a very nice bike after fixing it up. Not super light for a road bike- due to the hi-tensile steel frame, but a very worthy ride nonetheless. The bike is definitely worth fixing up if you want to ride it. My brothers had steel rims, which you might want to replace with alloy for better stopping if that is the case.