other than the broken housing stop the bike looks like it just need alot of TLC. the way I see it you have several options well maybe three. just clean it up super nice put some cheap tires and a 3spd style housing clamp then resell it, simply put the ducktape back on and sell as is, Fixie it, they only use a front brake right? or you can set it in the corner of the workshop and sulk over it all winter
it has potential for someone it just need you to bring her back to life and pass her on
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“One morning you wake up, the girl is gone, the bikes are gone, all that's left behind is a pair of old tires and a tube of tubular glue, all squeezed out"
Sugar "Kane" Kowalczyk