Thanks Maddox,
The frame has its share of rusty scratches but fortunately no dings. It evidently had been sitting outside for some time given the tree seeds/cobwebs/leaves entangled in every nook and cranny. Fortunately the PO had filled the stem and seatpost with tons of grease making them very easy to remove - YAY!!
The size is decieving. The seat tube measures 17.5" CTC, but the top tobe rings in around 22.25" CTC - just right for me based on my experiences with other bikes. We'll see how it fits once I'm actually able to swing a leg and take it for a ride.